David Vitter: “The topic of our Field Hearing today is 'Reducing the Federal Tax Burden for America's Small Businesses.'”

Why isn't this crystal clear proof that an entity as big as Wells is not only too big to fail, but it is too big to manage and it is too big to regulate?

Was not this practice, in fact, by the numbers part of the Wells culture by definition because it was so widespread for so long a period of time?

So just as an example, Wells is the biggest participant in the SBA's 7(a) loan program.

We need tough new laws to hold corporate executives personally accountable, and we need tough prosecutors who have the courage to go after people at the top.