Christopher Dodd actually said...

"I hope not. I do not think many of the detractors of the current independent consumer agency proposal would continue to oppose the legislation--irrespective of how high the standards are--if the stand..."

"It's clear that we need to end charter shopping, where institutions look around for the regulator that will go easiest on them."

"Last week I suggested further consolidation of bank regulators would make a lot of sense."

"I really do not see that as a symptom of the fact that you have four different regulators overseeing different charters for FDIC-insured institutions."