Jim Bunning: “Of all the proposals we have seen, the one outlined in Chairman Bair's testimony today makes the most sense so far.”

Let me get one thing straight. You are the Inspector General for the SEC, correct?

No, no, no. Why is it your decision to report to the SEC and not to the public which you have an obligation to do?

I will be more than happy to give you 40 names of 40 banks.

Then why do you submit your reports to the SEC so they can redact anything, to prevent the public and our Committee from knowing exactly what you said in the report?