Chris Dodd: “Are we adequately covering the second--are we going to be able to deal with the second lien holders?”

President Clinton, to his eternal credit in my view, just does not quit on this issue.

In fact, it was the uncertainty inherent in a nontransparent and reckless financial system that made Dodd-Frank necessary in the first place.

The truth is that the catastrophe was years in the making caused by regulatory negligence and Wall Street gambling.

It's far more complicated than a common language.