OTS relied largely on WaMu management to track progress in correcting examiner-identified weaknesses
I would put forward that we are about to make the same mistakes that we are claiming and accusing those that are coming before us of.
Where was the Congress in looking at OTS? What was the last time Congress did an oversight hearing on the effectiveness of the OTS or the FD...
In both of your assessments, as you looked at this and you look at OTS--and this is a huge example of regulatory failure.
The lesson of OTS is not that we necessarily need more regulators, because clearly regulators can suffer the same flaws as banks--selfishnes...
We see over and over again that OTS dedicated a great number of hours and personnel to the supervision of WaMu, yet problems never got truly...
Well, I would have no doubt that OTS has a system today, especially in light of the hearings that have been held.
But the data that we showed showed that the people on the ground, the ones that are actually doing the auditing, actually were following gui...
I come to the conclusion that actually investors would have been better off had there been no OTS
Was it common practice at OTS to issue recommendations to banks and then simply take their word?
So there was no secondary follow-up by OTS to changes that were requested by OTS.
Because now we have become criminally negligent if, in fact, we are using selective tools of enforcement for one thrift organization as to a...
As we celebrate the 50th year of the United States-Japan Security Treaty, whereby Japan granted the United States military base rights on it...
I am convinced that we are going to have a capabilities gap due to our inability to repair and modernize current fleets.
the military's strength is in its soldiers, the families, and the Army civilians who support them.
Today we are beginning to see opposite--we have the best trained force in the world, the best warfighters in the world, but we are fracturin...
I see the positive effects the temporary increase up to 22,000 is having on the Army but I am concerned that this temporary increase may not...
both the Army and the Marine Corps are suffering significant OPTEMPOs, though the Army is by far suffering more
