Mr. Don Drummond, Vice-President of the TD Bank, also appeared before the committee. In answer to certain questions, he said that, as far as he is concerned, it was absolutely obvious. His bank did not invest in those securities and did not have the negative results that others did. How can you draw a parallel there? You say that it was a good investment for 20 years. And yet, one of the largest banks in Canada has clearly stated that it did not want to go in that direction. Mr. Drummond's testimony in that regard was quite telling.
On April 23rd, 2009. See this statement in context.