12/05/2011
https://www.congress.gov...
"Well, let me ask you, you have twice been criticized by your own Inspector General for keeping, quote, "a light touch," light for too long when banks under your watch were getting in trouble."
"The five largest U.S. banks in 2005 were all national banks and too big to fail."
"I think you were ahead of the curve when others were not and really applaud you for that."
"the Federal Reserve, you know, is at the forefront of what needed to be done because they had the ability to set the standard."