Jack Reed actually said...

the fact that they did not have systems in place to adequately assess the risk, which I think is a fair conclusion of the report of the GAO.

it raises an issue, which is that in 2006, you had at least had serious concerns because of the stress testing that these firms could not ha...

I would hope it would be public.

I would presume, and correct me, that those procedures, those appropriate procedures you described, were not being deployed very successfull...