"Our preference is bankruptcy, but that in the last crisis, bankruptcy just was not able to be used."
"to me that does not sound like a bailout."
"We believe that is the case, that there are actually incentives associated with the bankruptcy process as compared to OLA."
"One of the things I find curious is that even before we see the completion of the living wills process, which I share, again, some frustration that we are 4 years after the fact and the process is not..."
"It sure as heck would not be the single--what comes out at the other end would not be the entity that goes in on the front."
"I think progress has been made."
"It seems like we do not go 6 months without another crisis/scandal coming out of the banking industry."
"I would just say that a number of my colleagues... continue to believe that for our largest institutions they need to have sufficient capital standards."
"Well, we have got to be sure that there is enough at the foreign holding company level to protect the American interest as well so that they are not simply taking care of their own respective domestic..."
"I am expecting to get my extra 3 minutes added on as well, but to then say I am going to build off my friend, Senator Corker's, comments."
"Would the panel concur with Mr. Davidson's comments or disagree?"