12/05/2011
https://www.congress.gov...
"I continue to believe is that size is not necessarily the guiding factor on a SIFI designation. It should be the underlying activities, not simply the size itself."
"Let me just in my last remaining moments say that another area of great concern has been the whole question around insurance designations--obviously AIG, one of the firms that caused the crisis in 200..."
"I do think there have been some movements in the right direction on transparency and ensuring that those transparency requirements are going to last into future administrations."
"I think one of the concerns that Senator Crapo, Senator Corker, Senator Warren, and I have all had is that this designation of SIFI should not be a Hotel California where you can never de-designate."