Tom Coburn actually said...

"So there was no secondary follow-up by OTS to changes that were requested by OTS."

"Where was the Congress in looking at OTS? What was the last time Congress did an oversight hearing on the effectiveness of the OTS or the FDIC prior to this downfall?"

"In both of your assessments, as you looked at this and you look at OTS--and this is a huge example of regulatory failure."

"We see over and over again that OTS dedicated a great number of hours and personnel to the supervision of WaMu, yet problems never got truly addressed."