Jack Reed actually said...

the current executives of banks were deferring more compensation in 2003 than they are required to defer under the current rule under 956.

Reed highlights issues with current compensation deferral rules for bank executives.

02/14/2012

More Jack Reed Quotes

One of the Dodd-Frank initiatives was to take bilateral derivative trades and make them--put them on clearing platforms so that they are mul...

For us to cut funding and to lose what would probably be 10,000 veterans from our housing and be back on the streets would be tragic.

this sequestration could end up costing us more money than saving it.

We desperately need more resources.