Jack Reed actually said...

But one of the descriptions of what has taken place, particularly in 2008, was a system of privatized profits and socialized losses.

Reed critiques the financial system's handling of profits and losses.

03/09/2011

More Jack Reed Quotes

I have consistently fought to give the SEC the robust resources and authority it needs to aggressively fight fraud and other abuses in the s...

Senator Reed's bill struck a very sensible compromise in my judgment.

I think this was something that we should pursue.

I particularly want to commend Senator Shelby because it was his leadership really in 2006 that first gave the SEC the clear authority to be...