A Quote by Steve Eisman
If you ever had the misfortune of reading all 2,000 pages of Dodd-Frank, which I have done - and it almost killed me - basically, all it does is create a list of all the things it wants the Fed to fix.
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Dodd-Frank is 2,000 pages long. It covers thousands of rules, regulations, interpretations and things like that.
Dodd-Frank greatly expanded the regulatory reach of the Federal Reserve. It did not, however, examine whether it was correctly structured to account for these new and expansive powers. Therefore, the Committee will be examining the appropriateness of the Fed's current structure in a post Dodd-Frank world.
There's a lot of talk coming from Citigroup about how Dodd-Frank isn't perfect. Let me say this to anyone who is listening at Citi: I agree with you. Dodd-Frank isn't perfect. It should have broken you into pieces.
Dodd-Frank was passed. ... This is the biggest kiss that's been given to New York banks I've ever seen. This is an enormous boon for them. There've been 122 community and small banks have closed since Dodd- Frank. ... I would repeal and replace it.
My first car was, as depicted in 'Sleepwalk with Me,' my mother's '92 Volvo station wagon that had 80,000 miles on it, and I had put 40,000 miles on it, so by the time it retired it had 120,000, and I basically killed it. It served me well, and my mechanic was always very angry with me because I just didn't properly care for it.
The details of what the Fed did were kept secret until a provision in the Dodd-Frank Act that I sponsored required the Government Accountability Office to audit the Fed's lending programs during the financial crisis.
The number one problem with Dodd-Frank is it's way too complicated, and it cuts back lending, so we want to strip back parts of Dodd-Frank that prevent banks from lending, and that will be the number one priority on the regulatory side.
I would do prosthetics again, but not on a schedule like that [in Gigi Does It]. It was grueling and brutal and it almost killed me. That show almost killed me.
The basic architecture of Dodd-Frank makes sense. At the same time, as a number of regulators and legislators have observed, the act was a complex effort that produced thousands of pages of rules.
A friend once told me that the real message Bram Stoker sought to convey in 'Dracula' is that a human being needs to live hundreds and hundreds of years to get all his reading done; that Count Dracula, basically nothing more than a misunderstood bookworm, was draining blood from the necks of 10,000 hapless virgins not because he was the apotheosis of pure evil but because it was the only way he could live long enough to polish off his extensive reading list. But I have no way of knowing if this is true, as I have not yet found time to read 'Dracula.
Fannie Mae and Freddie Mac - two bloated and corrupt government-sponsored programs - contributed heavily to the crisis.In order to prevent another crisis, we need to do what we should have done years ago - reform Fannie Mae and Freddie Mac. We also need to repeal Dodd-Frank, the Democrats' failed solution. Under Dodd-Frank, 10 banks too big to fail have become five banks too big to fail. Thousands of community banks have gone out of business.
There is no way you're going to have an event like 9/11 and expect things to remain the same. They killed 3,000 people in New York on that day, and if they could have they would've killed 300,000.
I'm so used to artists saying to me, "Listen, I'm going to have five pages done next week," and then three weeks later I'm phoning them, begging them for two pages. And Stuart [Immonen]is a guy who will promise you five pages and deliver six pages, and the six pages are even better than you could have ever imagined.
I like to get ten pages a day, which amounts to 2,000 words. That’s 180,000 words over a three-month span, a goodish length for a book — something in which the reader can get happily lost, if the tale is done well and stays fresh.
We have to bring back law and order. In a place like Chicago, where thousands of people have been killed, thousands over the last number of years, in fact, almost 4,000 have been killed since Barack Obama became president, over - almost 4,000 people in Chicago have been killed. We have to bring back law and order.
I'm very lucky because people send me a lot of stuff and post cool articles and pictures on my wall, which does make life a lot easier for me. When we were at 60,000 or 100,000 'likes,' I was still having to source the content myself, and I was constantly trolling the Internet, whereas now things are sent to me, which does make it a lot easier.
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