Jack Reed actually said...

"Based on that, and again, I want your comments, is that you cannot assure us that this problem would have been self-correcting given the market mechanism in place, is that a fair judgment?"

"One could suggest that with all these good things happening in Spider and the self-correcting logics, had suddenly the government of Greece announced that it was suspending all of its payments, those ..."

"We are still left, I think, based on your testimony, with the conclusion that we are not quite sure what was the decisive precipitating course."

"This week the Senate is on the verge of making fundamental and urgently needed changes to reform Wall Street and protect consumers and investors."