At what point did you realize there might be a problem with the IFR process?
But if you are the bank and you have realized you have spent, pick a number, $328 million or $90 million----
We do not expect pristine here. That sounds too difficult.
I do not believe that our adhering to our professional standards puts us at a competitive disadvantage. In fact, I belie...
that is almost an automatic inherent conflict of interest.
What if they underestimated the value of an institution's money laundering transactions by $250 billion?
If a consulting firm has repeatedly been at the scene of a crime, what would it take before they are viewed as not quali...
I think, importantly in the Foreclosure Review, we made it very clear that our client principally was the regulators.
We hear all the time that Americans still do not have confidence in the stability of this financial system.
Did you think that was attainable?
Thank you for your patience, and thank you especially to the second panel for waiting around while Senator Warren and I ...
this budget does not make a dent in the huge problem we all know we face: historic levels of debt and unacceptable defic...
These are hard decisions.
I guess I would say, at the outset, we did not really know what the process was going to be.
We had, you know, regular meetings with the OCC and the Fed.
So at some point, we will know what each of these seven firms was paid?
You are still in an evaluative stage on whether you are going to write standards for the future?
That speaks of, did that money come out of the settlement?
