Concluding his remarks during the hearing.
07/30/2003
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This is the second in a series of four Subcommittee hearings examining some of the causes and consequences of the 2008 financial crisis.
Now, it was the Option ARM loans in 2008 that was one of the major reasons that investors and depositors pulled their money from the bank.
But the output, the outcome.
So what were you looking at that would not be inside that OTS 2 rating?