On the recordMarch 14, 2013
OK. Now, shouldn't the model--and I will ask maybe Mr. Sullivan this question--that produces a 44-percent drop in VaR overnight raise a red flag, cause the OCC to investigate how that is possible?
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congress.govCarl Levin: “OK. Now, shouldn't the model--and I will ask maybe Mr. Sullivan this question--that produces a 44-percent drop in VaR…”
Editor's note · Context
Questioning the OCC's oversight on a significant drop in risk assessment.
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