Jeff Merkley actually said...

"Does anyone on this panel think that Bruno Iksil, the 'London Whale,' woke up each day trying to mitigate the risk?"

"From a common citizen's point of view, when they look at the fate of Long-Term Capital Management, MF Global, AIG, Lehman Brothers, Merrill Lynch, and a host of institutions that survived only because..."

"I would say of course they have an advantage. They have taxpayer-insured deposits and access to the discount window."

"Our legislation does not prevent data collection. It simply does not require it."