On the recordJuly 16, 2012
I am very disturbed about the destruction of what little confidence might remain in our financial system.
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congress.govI am very disturbed about the destruction of what little confidence might remain in our financial system.
Toomey expresses concern over the impact of the LIBOR scandal on public trust.
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But that does not mean that Congress should be throwing even more billions of Federal taxpayer dollars at them to build out more services for riders they do not have.
There was unauthorized lending of customer assets to an affiliated entity, and there were apparently fraudulent promises to investors and customers about FTX's operations.
I think there is a case to be made that there should be a regulatory regime on disclosure requirements for an issuer.
I just think that fare evasion is an important violation of the law that the FTA should be tracking.