"Even if we have a regulated system, you could make the argument that might be the safer system."
"So there has to be some protection component."
"I had a family member who I warned time and again do not get into this adjustable rate mortgage."
"No examination beyond meeting the definition."
"I think that is the point that Senator Warner is making, and I think if you have a strong, sensible, balanced regulatory system, the world could also follow us."
"My concern is, Mr. Chairman, that we clearly need to do a better job of protecting the consumer."
"I think your question is right at the heart of it."
"My sense is it clearly didn't in this case."
"I think you hear the Committee's enormous concern and frustration with how this enormous fraud went undetected for so long."
"I hope we have lots of time for questions, because I have got lots of questions."
"If we had perhaps had all four of those as criteria, might that have led to a more thorough analysis, not just in this firm but in other firms?"