11/13/2012
https://www.congress.gov...
"I think the market cap lost 9 percent over the last couple of weeks. That is pretty material."
"But I think most people understand the meaning of the word 'fraud.'"
"We discover that management had far too few common-sense controls in place to prevent the kind of abuse that customers were subject to."
"the reputational damage done to the bank clearly is material, and that has been manifested by this huge adverse movement in stock prices."