09/19/2012
https://www.congress.gov...
"Is it appropriate to set goals to achieve RWA reductions by affecting how the models calculate the results?"
"Shouldn't investors have known during that call that the current status of the SCP was not great, it was losing a lot of money, huge positions that it had were hard to exit, it had been violating all ..."
"This was described, this portfolio, as being a 'perilous size.'"
"You said that when you saw this document... last April, that you relied on the 'central scenarios included on that page describing an 80 [percent] likelihood.'"