06/25/2013
https://www.congress.gov...
"In plain English, the Fed said that Credit Suisse's models just were not realistic."
"So you are going to stick with your original play."
"Let me ask this: Mr. Quarles, do you now agree that you made the wrong decision to weaken supervision for a bank like Credit Suisse?"
"It's your responsibility to enforce the law and to hold banks accountable for their misdeeds with meaningful punishments."