Why should it take the FDIC 4 months to get a desk or access to the examiner's library with WaMu documents?
I think your folks did have knowledge of it long before today.
It is obvious that we had a situation where a bank was riddled with unsafe and unsound lending practices.
I cannot believe the continuing audacity of this woman.
There has to be a right way to handle them.
Well, that is exactly the kind of testimony which I think is going to be very helpful to us as we proceed with the legis...
OTS has principal responsibility. FDIC doesn't.
So since there is no regulation on the books for these kinds of risky practices, how are we going to get them on the boo...
Now, as WaMu's condition continued to worsen in the summer of 2008, the FDIC conducted a capital analysis, recommended t...
There is no reason why we can't work together.
When I asked, what was the reason given by OTS, they said, 'We weren't given any reasons.'
Asset quality. Weak asset quality. It brought on the liquidity problems.
Should it be?
What, if any, guidance should be given to institutions by regulators relative to that issue as to putting into the strea...
Which is kind of, is it fair to say, heading towards a 3? Is that a fair summary?
I hope you are not going to justify that.
Stated income is probably not right.
So that in this exhibit, which is based on the second quarter of 2007, is it accurate to say that FDIC assigned WaMu a C...