Christopher Dodd actually said...

"I support the actions the regulators have collectively taken to stabilize the financial system."

"There have to be alternatives within those two bookends that give us far more flexibility to respond to these situations."

"I appreciate my friend and colleague's comments, because he is on track and I agree with him."

"Taxpayers had no choice but to step in, assuming billions of dollars of risk, and save companies because our system wasn't set up to withstand their failure."