Christopher Dodd actually said...

"One of the things we learned, going back in Richard Breeden's day, is that you cannot have the regulator in a sense also be responsible for the resolution of these matters."

"Well, it is huge. You go from something that was $100 and it moves to $5 or $10 more, that is value."

"I for one feel very strongly, at least at this point, that the SEC and the function of the SEC ought not to be so incorporated in something that it ends up diminishing the role of the Securities and E..."

"Well, again, it is certainly worthy of quick examination because this is the kind of thing that, again, in a week or two from now we will pick up our newspapers and discover that this has gone on and ..."