Barney Frank actually said...
No, we have things in place that will prevent that from happening. It is a reminder, however, that it was important that we adopt the rules we adopted, that mean 2008 can't happen again or unlikely to happen again and those who said, oh, you overreacted, we know what we're doing.
Context
Barney Frank discusses the regulations in place to prevent a repeat of the financial crisis.
05/10/2012