Jack Reed actually said...

too big to fail is the first chapter, but the second chapter is too interconnected to fail.

Reed emphasizes the importance of interconnectedness in financial institutions and systemic risk.

02/11/2010

More Jack Reed Quotes

Senator Collins and I share this concern about the HUD-VASH vouchers, the fact that progress has been made, but there's no request this year...

To what extent are you urging or the Department is contemplating a more significant role for local housing officials?

I would suspect that their system are probably already out of date by many years.

Well, thank you very much, Madam Chairman.