03/13/2012
https://www.congress.gov...
"I think the suggestions that each of you have made have been very helpful, but even after you make those changes, it is that lack of--it is that procyclical thinking that drove us to where we were."
"I think all of us understand today that we need to be more concerned about systemic risk."
"I think we have seen today that--and we have known for some time--Treasury can exercise--try to exercise influence over the organizations."
"I don't understand how you can cause those to measure up or how we could craft something that actually worked."