08/03/2010
https://www.congress.gov...
"Well, it took you long enough."
"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."
"Why can't you tell someone you regulate, 'Folks, you made a commitment 6 months ago, and it was conditioned'?"
"Well, Rome was burning. The economy was going to Hell in a hand basket."