"I would call it a scheme, or in the event there's a carbon tax that at least one principle we ought to adhere to is that not any of that leaves the economy."
"I think how we distribute the revenue that is raised is a very complicated question that draws. It's a political question."
"I think it points to, especially in this time of tremendous distrust of Washington, that we've earned fairly, this whole Rube Goldberg notion of creating this vehicle to basically not be straight with..."
"And, Mr. Ambassador, for your service, thank you very much."
"Good to have you back."
"So it is really more--the companies, of course, have no skin in the game."
"I do wonder whether we should consider a different payment mechanism, where in essence the credit rating agencies have skin in the game over time."
"I certainly agree with the idea that investors are responsible for their own analysis."
"I really think it has been most enlightening."
"But on those, then, understanding that you look at corporate financial statements and those kind of things, but on these other types of asset-backed securities, it is hard to understand, in fairness, ..."
"I really appreciate what Paul Volcker has said about that recently."