02/25/2014
https://www.congress.gov...
"That is the kind of bureaucratic speech which I think sends the message to people you regulate."
"I should not have to remind you the FDIC has no role until the PFR (the primary regulator) rules on solvency."
"Your agency had primary responsibility, not FDIC."
"This was not some ordinary institution, by the way. As you know, it is the largest institution that has ever been taken over by FDIC, bank or thrift."