Chuck Schumer actually said...

"You know, one of them might not have caused the problem, but a whole bunch did."

"This time our recession is being caused not by rising interest rates but, rather, a massive credit crunch."

"Good for you. Maybe Mr. Azoff will come to your wisdom at that."

"Isn't it true that smaller institutions can cause systemic risk because there are counterparties, it is almost like a ping-pong ball bouncing from one place to another?"