I would ask your assurance to all of us that in that balance you will be pressing your organization to push upward as fa...
I can think of no one more qualified for this important job.
The hearing will come to order.
This makes me think that we need to really look at substantive regulation.
American consumers are relying more than ever on credit cards to just make ends meet from month to month.
High-interest-rate debt is financial quicksand for consumers.
We have lots of disclosure, but we really have obfuscation by disclosure.
The standard credit card agreement gives the lender the power to bleed their customers through evolving and ever more cr...
Blame must primarily be placed at the feet of these financial institutions which gambled and then cashed in on exorbitan...
When self-interest and market discipline break down, we hope that the safety net of regulators will guide us out of the ...
This financial crisis has demonstrated that, contrary to the presumption of many, financial institutions were unprepared...
Having listened to that, it is, I think, very insightful, and it seems to be a great approach.
You know, making the diagnosis that you are ill and then not treating the patient is, you know, malpractice.
And it raises the question with respect to the Federal Reserve that if these documents are solely within the purview of ...
I would presume, and correct me, that those procedures, those appropriate procedures you described, were not being deplo...
I would hope it would be public.
it raises an issue, which is that in 2006, you had at least had serious concerns because of the stress testing that thes...
the fact that they did not have systems in place to adequately assess the risk, which I think is a fair conclusion of th...
