07/21/2014
https://www.congress.gov...
"Crystal clear, no participation on any OTS 1 and 2 rates exams."
"I think the American taxpayers and the American people expect a lot more from their regulators than what we have seen in this situation."
"All right. The IG report... found that Option ARMs were 47 percent of the loans in WaMu's portfolio."
"There is nothing to prevent them in the rules today."