On the recordMay 10, 2012
Well, first, I want to say, to a certain extent, he's right. He's a good CEO and it is a well-run bank. That's precisely why we need regulation. In other words, what he's telling us is, even in a very well-run institution, as his is, unlike a kind of a rogue operation like Countrywide, these kind of mistakes will happen.
Source
transcripts.cnn.com




