Chris Dodd: “What is presently going on is just not working.”

It's far more complicated than a common language.

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

Maybe we ought to be spending a little more time looking at the relationships at that level.

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