"Too many people on Wall Street have been recklessly wagering instead of making the sound investments we expect of them," McCain said.
He said investment schemes too complex to understand or regulate have risked the earnings of traditional economic productivity.
"So much of the loss and damage to our economy could have been avoided if these practices had been exposed to the light of day, said McCain. "People have the right to know when their jobs, pensions and our whole economy are being put at risk by recklessness on Wall Street."
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