Chris Dodd: “Thank you very much, Chairman Bair, and thank you again for your tremendous involvement over these many, many months.”

I'll tell you, one of the things I feel very good about is that there are people like Bob Menendez, who care about these issues.

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.

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