Brad Sherman actually said...

This makes as much sense as a baseball league where the umpire is selected and paid by one of the teams.

Free market capitalism does recognize that at times a bank will fail. But it needs to fail as an independent entity.

The only way to prevent the next bailout is to make sure that too-big-to-fail is too-big-to-exist.

I have had the regulators here and I begged them and implored them to allow banks to make prime plus eight loans.