Paul E. Kanjorski: “We cannot just hurry to expeditiously conclude something or pass something that appears to be a fix when in fact it does…”

But I am curious, should we not now take the opportunity to reform some of the structure of government, particularly by merging the CFTC and the SEC?

If this body is to create new regulations in the OTC markets to decrease the possibility of systemic risk and increase transparency, Congress must ensure robust competition and protect the ability of American businesses to use these…

I have never seen anything in the world more devious or backdoor to come in to Federal regulation than doing it this way, and with the least amount of real direct effect.

Their testimony was quite clear that it was their opinion that the failure of any one of them, and particularly Chrysler, would cause systemic risk if they were allowed to fail.