07/20/2009
https://www.congress.gov...
"Well, I would have no doubt that OTS has a system today, especially in light of the hearings that have been held."
"I come to the conclusion that actually investors would have been better off had there been no OTS"
"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 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."