04/22/2010
https://www.congress.gov...
"Well, when you say what you are legally permitted to do, were you legally permitted by the Caymans, by their law, to provide this?"
"Presumably, it will be caught by the same mechanism being applied in every one of your banks, wherever they are located."
"You made reference to your service with the U.S. Government. If I remember, you were the Under Secretary of the Treasury for Terrorism and Financial Intelligence. Do I have it right?"
"This is pretty feeble enforcement."