Byron Dorgan: “First, the point the Senator from Connecticut made, which is so important, is effective regulatory authority. If we…”

“First, the point the Senator from Connecticut made, which is so important, is effective regulatory authority. If we don't have regulations that work or regulators who care, what happens is what happened to us in the last couple years. We have a buildup of substantial risk, effectively allowing some to gamble rather than invest. We desperately need effective regulatory capability and regulators who care. I understand the risk council in the underlying bill is allowed to go toward divestiture but not require it.”