You did not use this revised model to reevaluate existing RMBS securities, is that correct?
There was at Moody's, I believe--a man named Andy Kimball, is that correct?
I objected to it being the driver. I went ahead and tried to prevent us from what I believed was committing securities f...
Or if the bank got mad enough at an analyst and it was contentious enough, then you might tell the analyst, we are remov...
But you never heard from a bank that they really would prefer you to remove somebody, it is just not working out well wi...
And have you seen reports that the Paulson firm shorted the ABACUS transaction using Goldman Sachs as its agent?
Did you ever remove a person from transactions with particular banks because of complaints from that bank?
Market share mattered to him, wouldn't you agree, Ms. Barnes?
You were aware of that?
It was transmitted to the analysts that market share was important.
there has got to be a way that the regulators are going to find to eliminate this conflict of interest.
Those are risks and they must be managed properly so that the rating system is not compromised in any way.
You didn't retest the old deals, did you?
Is there any evidence that market share drove ratings? Have you seen it? Have you looked at these exhibits?
It wasn't here. That is all I can tell you.
I think you have a long way to go in acknowledging what happened to your agencies.
In July 2007, did you know who David Goldstein was?
You are going to need to start downgrading. We need people. We need resources now.
