Christopher Dodd actually said...

"What powers? Just identifying who is going to be a systemic risk is an important question."

"Taxpayers had no choice but to step in, assuming billions of dollars of risk, and save companies because our system wasn't set up to withstand their failure."

"The economic crisis introduced a new term to our national vocabulary--systemic risk."

"Handing over the public purse to an enhanced Fed is simply inconsistent with the principles of democratic Government."