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I believe Wall Street needs serious ongoing regulation.

In truth, Wall Street is in for a radical makeover. Fewer people, lower margins, lower risk, lower compensation - and ultimately, fewer talented people. It is likely to change the culture of an industry that for nearly a century has been the money center of the world.

The reality is that the institutional framework in which Wall Street operates is fundamentally inappropriate, and it inevitably generates violent fluctuations of the market.

The individual incentive not to commit crime on Wall Street now is almost zero.

Wall Street has turned the economy into a giant asset-stripping scheme, one whose purpose is to suck the last bits of meat from the carcass of the middle class.

Wall Street shouldn't be deregulated. I think Wall Street and Main Street need to play by the same set of rules. The middle-class can't carry the burden any longer, that is what happened in the last decade. They had to bail out Wall Street.

Wall Street is populated by a bunch of people whose primary goal is to make money, and the rules are pretty much caveat emptor.

Wall Street has too much wealth and political power.

The notion that employees and companies have a social contract with each other that goes beyond a paycheck has largely vanished in United States business.

The ethos on Wall Street has not changed, and that's not going to come from the corner office. That's going to come, for better or worse, from Washington, and the whole idea of greed is still good, that is still pervasive.