06/16/2014
https://www.congress.gov...
"What is audacious about the FDIC seeking access to--not in this case access--sitting down with a bank..."
"They were ineffective."
"I would not cite that in defense of your feeble enforcement, that there is a money-laundering order."
"Now, as WaMu's condition continued to worsen in the summer of 2008, the FDIC conducted a capital analysis, recommended to OTS that a 4 rating was warranted."