Brad Sherman actually said...

"Absolutely. And we have had a lot of hearings in this room about rate caps, and sometimes they seem like a good idea, and sometimes they don't."

"We certainly all want to make things work better for consumers."

"We need to make sure that credit default swaps and similar derivatives are classified as insurance, and are subject to reserves."

"We might also look at the civil law to see whether those whose actions have cost us perhaps $700 billion... would be liable to the Federal Government."