02/25/2014
https://www.congress.gov...
"What happened here is factually clear, and they acknowledge what happened here."
"We identified serious risk management weaknesses throughout the entire Firm, and they became particularly evident in the CIO office."
"It would not come on a routine basis."
"We had a $157 billion high-risk derivatives portfolio here that OCC hardly knew existed, and that strikes me as being a hidden financial risk."