Frank Lucas actually said...

"My concern is that we don't, in the effort to be so protective and to avoid the tier-one, the tremendous institutions, that we strangle out the whole industry, the whole series of products that fall a..."

"Are you concerned that such a requirement could unintentionally create a bank monopoly in the OTC commodity derivatives market?"

"the Administration's proposal to regulate the over-the-counter derivatives markets will do nothing but increase costs."

"Don't you think it is a fair statement... that we won't ultimately drive this market into this one set of hands that have the deepest pockets?"