Do you folks care whether the collateral makes a difference?
It was part of the daily workload.
It seems to me it is obvious that you ought to distinguish between lenders.
And should be?
Your involvement, all of you, is a major contribution to our security.
The Chinese policies amount to 'cheating'.
They can point to them when they come to telling the folks they are supposed to regulate, Hey, this is the law, we are g...
You can't assess the strength of the borrower and that has got to be at the foundation of underwriting, risk assessment,...
Without it being stated as being mandatory. You view that as an expectation----
You had the discretion to allow them to do it?
In other words, they did not accomplish very much.
I mean, that is your email, so pretty good evidence contemporaneously.
From your perspectives, it was a turf battle. Protecting turf.
You made a commitment and haven't kept it.
The FDIC wanted to do it a lot earlier than you did, right?
There is nothing to prevent them in the rules today.
So what were you looking at that would not be inside that OTS 2 rating?
the sheer size of the bank would say that there should be a maximum of cooperation, not to mention the fact that it is d...
