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The NCUA has consistently swept its oversight failures beneath a rug woven with our members’ money. And, to add insult to injury, the NCUA simply shuffled the deck and some of the responsible parties have either showed up in different roles within the agency or been promoted. Now, if you or I had been as grossly negligent in running our CUs as the NCUA has been in the oversight of many failed CUs as well as our corporate network, we would have been forced to accept our fate and fall on our sword.

Peter Westerman

Credit Union Times

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