Bob Corker actually said...

"I think the suggestions that each of you have made have been very helpful, but even after you make those changes, it is that lack of--it is that procyclical thinking that drove us to where we were."

"I really appreciate what Paul Volcker has said about that recently."

"The procyclical piece to me is a huge problem that you do not necessarily create by your formula."

"I happen to have fallen on their side of the equation and think that having any institution that is too big to fail creates tremendous problems."