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Transcripts For CSPAN3 Key Capitol Hill Hearings 20140721

The bigger banks that were diversified didnt fail. We did it anyway. The big banks didnt want to do it because it was a cross subsidy to the small state banks. The savings loan refused to go along but they refused to take their own and ensured next year. The second thing is we tax equity before you can pay the equity holders. This is a huge incentive for all the banks. To leverage as much as possible. And so the bank capital went down from 20 to 5 , the regulatory minimum, immediately. And those sentives still exist today. So in the postwar period, america was on the winning side of the war. We had a lot of economic stability. In the 60s, the homeowner ship rate, to act 65 . Totally funded by private savings loan deposits and mutual savings banks. Now, the homeowner ship at the time was considered a very good thing. There were no political incentives that we can speak of. America was the land of opportunity. Either they had the zipging house or they continued to save. They didnt take c ....

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Transcripts For CSPAN3 Key Capitol Hill Hearings 20140722

I appreciate what the secretary is doing with the restructuring and coming up with a strong internal audit system. However i must express that i am skeptical about how that is going to work. We have the whistleblower protection act but its not enforced. My concern burst of office we have heard so much testimony in thandthe committee about a cultf secrecy and culture of retaliation, and retaliation is a huge deterrent to hearing the complaints. So my first question is to you we heard theres been retaliation against employees. I encountered there is retaliation against patients who might feel they have a complaint against a facility. Are you aware of any retaliation against patients or veterans . I think thats a really important question. Im not aware of any retaliation in part because my Agency Jurisdiction is for employees to come forward with retaliation complaints or disclosures of waste, fraud, abuse or
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Transcripts For CSPAN Key Capitol Hill Hearings 20140722

Responsible into bring them and bring them to justice. Are joined by the dutch in australian ministers. We extend our deepest condolences to those countries, the families of the people they represent an all the people who lost loved ones on that plane. Today givese here even greater urgency to our call for the dignified return of the victims in our pursuit of truth and justice. As we reflect on the immeasurable loss suffered by the families around the world, we are not only outraged at the attack itself, we are horrified and enraged by what has happened , by the clear intention of some to obstruct an investigation. Even after adopting this resolution, it is worth asking if there is really consensus this crime merit an immediate and impartial investigation why did we feel the need to meet today in order to demand one . We came together because that everyone has been supporting a real investigation into this crime. If they were, ....

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