The Iowa Freedom Summit & Ag Summit (preparation for Iowa Caucus): on Budget & Economy

Hillary Clinton: Go after shadow banking industry, like Lehman Brothers

CLINTON: You can look at what I did in the Senate. I did introduce legislation to rein in compensation. I've laid out a very aggressive plan to rein in Wall Street--not just the big banks. That's a part of the problem and I am going right at them. I have a comprehensive, tough plan. But I went further than that. We have to go after what is called the shadow banking industry. Those hedge funds. Look at what happened in '08, AIG, a big insurance company, Lehman Brothers, an investment bank helped to bring our economy down. So, I want to look at the whole problem and that's why my proposal is much more comprehensive than anything else that's been put forth.

Martin O`Malley: Our economy was wrecked by the big banks of Wall Street

CLINTON: For me, it is looking at what works and what we need to do to try to move past what happened in '08. And AIG was not a big bank. It had to be bailed out and it nearly destroyed us. Lehman Brothers was not a big bank. It was an investment bank. And its bankruptcy and its failure nearly destroyed us. So I've said, if the big banks don't play by the rules, I will break them up. And I will also go after executives who are responsible for the decisions that have such bad consequences for our country.

Chris Christie: The rich are doing fine; cater to middle-income workers

Christie promised voters, "you'll always know who I am," and spoke about his anti-abortion views.

"The rich are doing fine," he said, adding the party shouldn't cater to the wealthy at the expense of middle-income workers.