Jack Reed actually said...

When self-interest and market discipline break down, we hope that the safety net of regulators will guide us out of the storm.

Let me talk to Mr. Cole. As the umbrella regulator of several large financial institutions, do you feel that you are responsible, the Federa...

the fact that they did not have systems in place to adequately assess the risk, which I think is a fair conclusion of the report of the GAO.

it raises an issue, which is that in 2006, you had at least had serious concerns because of the stress testing that these firms could not ha...