It seems that their model, their VaR model, was loosened up considerably, giving them the opportunity to engage in more risky activities.
So there is a possibility, in fact, if it is done correctly and proposed, which I hope it is, that it could have avoided...
I think it also is a strong case, in my view, for a very clear but very strong Volcker Rule.
I think this is a very important hearing because the issues that have been raised go right to the capability of large, c...
But that leaves us in a situation of how do we build in, because our responsibility--build in rules and regulations that...
I do believe the people doing it thought that they were maintaining a short against high-yield credit that would benefit...
The proposal that I am making advances several, I think, important improvements.
I want to commend you for all your efforts to assist veterans.
The Servicemember Housing Protection Act of 2012 would amend the Servicemembers Civil Relief Act (SCRA) to enhance the p...
Our Nation's growing reliance on the National Guard and Reserves for operational duties here and overseas means that our...
When did you know? When were you aware of it? Could you have anticipated it?