Now, a 45-degree angle is not something we deal with in finance. It's something you see in a high school geometry class. Performance like that has never been recorded in human history.

I have ... spoken to the heads of various Wall Street equity derivatives trading desks and every single one of the senior managers I spoke with told me that Bernie Madoff was a fraud. Of course no one wants to take an undue career risk by sticking their head up ... The fewer people who know who wrote this report the better. I am worried about the personal safety of myself and my family.

I've found that wherever there is one cockroach in plain sight, many more are lurking behind the corner out of view.

We as the American people have to hold ourselves accountable because we didn't hold our government accountable.

Madoff Securities is the world's largest Ponzi scheme.

The SEC now is 3500 chickens, and we need to get some foxes in there.

We have to take personal responsibility. The government didn't do its job when the institutions needed to be held accountable. If you see something's wrong, you can't just turn the other way. The regulatory system was totally rotten from top to bottom.