06/20/2012
https://www.congress.gov...
"Do you believe, and I know you haven't been in the Fed that long, but do you believe that the Fed has adequately supervised our banks as a regulator, or do you believe there were problems there that w..."
"A lot of people wonder, where were the regulators in the past 5 or 6 years, including the Federal Reserve."
"this begs the question of nationalization."
"Wouldn't we be better off to close some of those banks rather than continue to prop them up and let the American people continue to believe--no confidence in them?"