Ed Perlmutter actually said...

Somebody mentioned the incredible cost of Dodd-Frank to the system, but I just want to start with, before Dodd-Frank, summer of 2008 to January, February 2009, the stock market lost 6,000 points at $1.3 billion per point, $7.8 trillion.

Context

Perlmutter highlights the financial losses before Dodd-Frank to argue its significance.

07/22/2014

https://congress.gov...

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