07/21/2014
https://www.congress.gov...
"At what point did you realize there might be a problem with the IFR process?"
"the problem here that I do not think anybody has really gotten their arms around is that these--that you work for the banks."
"Thank you, Senator Warren. We will do a second round."
"So we had an ongoing dialogue with the regulators throughout the process, as they acknowledged in the first panel."