11/18/2014
https://congress.gov...
"I guess what I am getting at, and my point is, that there are no standards available right now to determine grave threat for either a bank SIFI or a nonbank SIFI."
"Do you have any quantitative metrics that you use now to determine whether a company may be a grave threat?"
"So it is more or less a game-time decision as to determine whether a grave threat exists."
"I, and I think the American people, have many questions about how the Federal Reserve would decide if a company poses a grave threat to our economy."