Tom Coburn actually said...

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

"Was it common practice at OTS to issue recommendations to banks and then simply take their word?"

"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."

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