There were a lot of reasons for the 2006 loans that were going bad so quickly.
When you say, you shouldn't operate from consensus, it says that there is a strong internal emphasis on market share.
This is not accurate This is not true?
Going back to this question of what happened late in 2007...
If you would have done them a year earlier when you had information that the market was going under and was in trouble...
Ratings are assigned by committee, not individuals. However, entire committees, entire departments are susceptible to market share objective...
Are you familiar with the practice, Ms. Barnes?
There is a strong internal emphasis on market coverage, yes.
We saw the beginning of the assault in our first two hearings, which examined how U.S. financial institutions turned to high-risk lending st...
So, again, when they said in that email no special measures, there should have been special measures taken?
You didn't retest the old deals, did you?