05/05/2015
https://www.congress.gov...
"As banking becomes increasingly global, the U.S. financial regulatory structure, I believe, needs to make sure it can adequately handle the failure of banks operating globally."
"Has the SEC staff considered, to your knowledge, or seen a particular financial statement prepared under the rules of the international standards as opposed to FASB, and how do they work?"
"Only then could we hope to develop an effective plan of action."
"You are a 36-percent stockholder, the largest stockholder in Citigroup--that is, the taxpayer."