Jack Reed actually said...

"the entire structure a 'doom loop' because it is a repeated cycle of boom, bust, bailout."

"My honest belief, having experienced it and having lived with it for years, is that the system would be stronger if we could provide for some separation."

"I believe that the nature, the human makeup of an institution is extremely important."

"First, we can't assume regulatory capacity adequate to the complexity of the financial markets."