07/31/2008
https://www.congress.gov...
"Asset quality. Weak asset quality. It brought on the liquidity problems."
"When I asked, what was the reason given by OTS, they said, 'We weren't given any reasons.'"
"There is no reason why we can't work together."
"Can you use the words, 'Folks, your progress is inadequate?' Are you able to tell them that?"