Jack Reed actually said...

"I think that over the years, I probably have thought more about interconnectedness and the plumbing of the financial system, as I like to call it, than most everybody."

"we allowed fundamental regulatory arbitrage to lead to a very difficult situation"

"I think that, again, the traditional roles that said a bank in a bank holding company has access to the discount window, that is where we should get back to."

"I think that is the goal of many people on this Committee, maybe not everybody, but I think many people."