Tom Coburn actually said...

"I would put forward that we are about to make the same mistakes that we are claiming and accusing those that are coming before us of."

"But the data that we showed showed that the people on the ground, the ones that are actually doing the auditing, actually were following guidelines, were they not?"

"I come to the conclusion that actually investors would have been better off had there been no OTS"

"The lesson of OTS is not that we necessarily need more regulators, because clearly regulators can suffer the same flaws as banks--selfishness, shortsightedness, ineffectiveness."