I think this is a very important hearing because the issues that have been raised go right to the capability of large, complex international...
I think it also is a strong case, in my view, for a very clear but very strong Volcker Rule.
So there is a possibility, in fact, if it is done correctly and proposed, which I hope it is, that it could have avoided this situation?
It seems that their model, their VaR model, was loosened up considerably, giving them the opportunity to engage in more risky activities.
I just think that is absolutely wrong, and I will pursue the question again in questions for the record.
We recommend that the Department of Justice give serious consideration to a departmentwide default open file policy.
For a nonfinancial company, you could be doing hedging as an end user, but you could also be very aggressive in your hedging.
I think it is really incumbent upon the regulators to figure out how to write a rule that allows legitimate hedging to go forward as it need...
When did you know? When were you aware of it? Could you have anticipated it?
Well, you know, that was my presumption too. So I think if you could clarify that, that would be helpful to us.
On April 13, the President issued an Executive order to align all current and future research which, again, I think we all say is absolutely...
That is, we've had an environmental education program through EPA for many, many years.
Their fear is obviously that this fund is locked in.
I think we all recognize, and it's explicit in the comments, that we don't want to trade access to the very valuable petroleum and carbon re...
We have to monitor a lot of air that comes from the Midwest.
The bottom line is that this transfer requires a State match.
I've received letters from the directors of nine State environmental agencies, and I think Senator Murkowski and others have received the le...
I think that that is a very good idea.
