We will have 12-minute rounds, if that is OK.
I would have considered that is the wrong thing to do.
There was no relationship between the fact that the losses were piling up and that there was a way in which the marks we...
The individual trades, the positions they were taking, they did not get your approval.
I do not know why those reports suddenly were not sent.
Did the London traders have to get approval of the CIO risk managers like you to put on positions?
Thank you.
Did you know that these limits were supposed to be reviewed every year?
The Model Review Group required only limited backtesting of the new model. . . . That is No. 1. It was critical of that ...
the bank stopped sending the Investment Bank's daily profit and loss (P&L) data to the OCC.
All right. So that this is wrong, this email is wrong. Is that correct?
Was it a coincidence that the way in which those marks were made changed to reduce the losses on the books at the time t...
The operational problems--the spreadsheets, the lack of an automated database, the calculation and formula errors which ...
It turned out that was not true.
all of those decisions are made on a very long-term basis.
You said that when you saw this document... last April, that you relied on the 'central scenarios included on that page ...
Shouldn't investors have known during that call that the current status of the SCP was not great, it was losing a lot of...
Is it appropriate to set goals to achieve RWA reductions by affecting how the models calculate the results?