"Some are greatly exaggerating their role--it's like they're accusing [the industry] of being a serial killer. But your fingerprints are on the weapons by many of the bodies in the field and so trying to argue you're a murderer and not a serial killer is tough."

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"Some are greatly exaggerating their role--it's like they're accusing [the industry] of being a serial killer. But your fingerprints are on the weapons by many of the bodies in the field and so trying to argue you're a murderer and not a serial killer is tough."

--Patrick Parkinson, senior adviser on the Federal Reserve Board, explaining why some regulators are so opposed to credit default swaps, even if they were not the cause of the financial crisis.

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