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It chose not to exercise that oversight as long as the rest of the entity was a "source of strength" to the depository.
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A further point will center on the information necessary for the board and its respective committees to exercise this oversight.
An assertion that the directors failed to exercise proper oversight requires proof that the directors failed to create an information system or controls or, having an information system, consciously failed to monitor corporate operations.
Mr. Frank supports a muscular government that exercises both oversight and aggressive action on behalf of the less fortunate.
"The Bank of England would have clear powers to access information from investment managers so that it was able to exercise proper oversight of any institutions that could pose a systemic risk," he says.
A President enabled by a spineless and supine Congress that fails to exercise its oversight powers isn't a weak executive at all: he is a potential despot.
It's intended that judicial commissioners will exercise an oversight role in addition to authorising warrants.
Critics have said that HUD failed to exercise proper oversight of the homeownership program involved in the scandal.
"There is an important place for oversight of national security tools, and that oversight is being exercised by Congress and by the federal judges on the Foreign Intelligence Surveillance Court".
"It is fair criticism to say I should have exercised greater oversight to ensure that every worker the city hired, regardless of who recommended them, was qualified and that proper procedures were always followed," Daley admitted a few days later.
But it's unlikely that anything like that will come out of the hearing, which wasn't so much an exercise in oversight or fact-finding — never mind policy making — as it was a political battle.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com