Christopher Dodd actually said...

It seems to me you get, like in the thrift crisis years ago, the regulator becomes also the one that also deals with these resolutions.

The administration had expressed reservations about the amendment. They came to us and asked for modifications.

People are furious right now, and they should be.

But shouldn't that have raised a red flag? You are the experts in this area, and you were watching people get loans with no documentation, t...