Christopher Dodd actually said...

"If we missed Madoff, it seems to me we have got to go back and revisit that whole model, don't you agree?"

"I would like the SEC and FINRA to report every 3 months to this Committee on actions that you are taking to improve the effectiveness of examinations and the handling of credible tips in order to redu..."

"In effect, then, you become worthless, in a sense. What is the purpose at this point? Creating that kind of a fiction merely then avoids any kind of real supervision."

"I hope, finally, we're really going to do something about it, because it's just--it's stunning, really, the--almost--it's a kind of arrogance, maybe, or something, on our part, that we don't think we ..."