Stephen Lee Fincher: “The answer is not to reduce the standards to protect those banks that are weak.”

It is really proof positive that whatever the OCC has done is not adequate to make you realize the level of your offenses here.

You have up to 2 million separate accounts being opened, up to 565,000 bogus credit cards being opened by your employees in secret against your customers.

I think my friend from South Carolina, the gentleman, is out of order. This is regular order. We are moving on as procedure.

We support a risk-based capital system for credit unions that would reflect lower capital requirements for lower-risk credit unions.