Jack Reed actually said...

"I think what my colleagues have said is that despite the first step by the Federal Reserve, we have to be very, very sensitive to the capacity and willingness of the Federal Reserve to actually protec..."

"Thank you, Mr. Chairman."

"there is an over-correction going on in the marketplace which argues very strenuously for decisive action, which I hope is forthcoming."

"you have to move aggressively, clearly, and to start working."