10/12/2011
https://www.congress.gov...
"We think the CFPB has done an outstanding job, and what has happened at the bank... shows the need for it."
"Today's hearing reminds us why the CFPB was formed. We needed a cop out on the beat."
"The Consumer Financial Protection Bureau was formed to ensure that financial institutions that harm consumers through unfair, deceptive, or abusive practices are held accountable."
"It just seems appalling that somebody who could make such large mistakes should be rewarded with almost an obscene amount of money, $120 million."