Jack Reed actually said...

we have to get the confidence of the American people restored, and their trust.

Expecting it and getting it are two different things, and I think we have reached the point we have got to get it, Mr. Chairman.

I think some of the problems with the Basel II, particularly, were the ability to rely exclusively on credit ratings for securitized product...

one out of ten homes are either in foreclosure or 90-days delinquent, and that saps not only the energy from the economy