I concur with my colleague's understanding that the line item he described is intended to make available Federal Transit Administration funds for initial costs of a high speed maglev system in Pennsylvania. It is my understanding that…
Alfonse D'Amato
The Public Record
I simply would like to say that I have never encountered such graciousness, such tenacity, such great dedication to a cause than the Senator from California has given to this effort for the past almost year and a half; and what a great…
I think my colleague, by answering the question, points out quite clearly--it was my impression heretofore that he had mentioned a number of cases, but six cases in 3 years, jumping to 10 times that, 59--slightly less than 10 times that in…
So the SEC can bring these actions but the strike lawyers can't wait indefinitely and pick a forum. That is what the Senator is saying. But certainly the SEC can still bring these actions at any time that it discovers fraud.
Let me ask the Senator, does the underlying legislation in any way limit the Securities and Exchange Commission from bringing any action to recover for disgorgement where there is fraud?
I point out the Lampf decision, which will be referred to. After that decision, in a sample of actions brought in the State courts, 43 of them were filed within the 4-year period of time--43 out of a total of 44. So we do not believe this…
My friend from Connecticut is correct. The federal securities laws must include a scienter requirement that adequately protects investors. I was surprised and dismayed to learn that some district court decisions had not followed the clear…
Absolutely. It is a bipartisan effort. It has been that way. I applaud my colleague from California for her leadership in this matter. We have done this and conducted this in a manner that has sought to eliminate politics and think about…
I wish I could and did have the authority to accept that because I would do it, because I think we should have a full debate and a full discussion on the Patients' Bill of Rights. And I think it will not be limited, should not be limited…
Let me simply say that the objective of these reforms is to put our children first, to promote excellence in education, to reward the truly outstanding teachers who create magic in the classroom, give them merit pay, and see to it that we…
We have maintained in this, as it relates to the construction of a ferry, the same worker protection language that heretofore has existed in mass transportation. I would like to call that to the attention of the Chair. I thank the Senator…
If I might suggest to the Senator, I believe that we are very close to resolving the minimum allocation amendment as initially proposed and that we are very close to coming to a settlement in which additional resources will be provided to…