My understanding, at least, is that while you have some amount of established protocols within certain specialties, that the evolution of or the growth of evidence-based medicine across a variety of specialties and having those protocols…

I do think we need something to make sure the board members don't get captured as quickly and often as they do.

I believe a lot of good things may have come out of Sarbanes-Oxley.

I do think that one of the things Mr. Atkins said that struck home to me... is over the last 10, 15-plus years, the enormous focus on the equity side as opposed to the debt side.

I would like to hear out those arguments because it does seem to me that from at least a broader-based societal standpoint, the outside risk and the downside risk that we as a society, in effect, have taken on by these nonskin in the game…

I strongly support this nomination. I have been pleased to work with Ambassador Hill regularly over the past couple of years.

I read them last fall when they were, I think, wrongly categorized as restricted information.

I don't think this nomination should be put on hold in any way. We have too many things to be doing in Iraq and in that part of the world.

I hope Chris Hill won't become the Rorschach Test for what the policy should have been in the last administration with respect to Korea.

I very much appreciate that answer.

I think what it does is it speaks eloquently to the need for a systemic regulator, whether it be the Fed or whether it be a committee approach or a new entity that the Fed has some involvement with or not.

I wish it was that simple. Perhaps it is, but I would love to hear that thorough debate...

I guess one thing we have had under the Chairman's leadership, we have had a lot of folk come by on this issue of too big to fail.

We look at size, we look at complexity. Another approach which I have been thinking about for some time...

I want to continue a little bit on the line of my colleague from Nebraska on the 'too big to fail' component.

Absolutely. Very valid----

I would just urge you to perhaps revisit with your legal staffs this tool because, as we have seen, it is not healthy for the public's confidence in the overall financial system when we see the kind of excesses and everybody saying we do…

I mean, we would be thrilled if we could get to the legal status that it is still a savings and loan holding company.