Thank you very much, Mr. Chairman, and thank you all for your presentations.
the whole goal is to end too big to fail, and as Senator Toomey has presented, that is also his goal and bringing a diff...
While reforming the Bankruptcy Code may prove to be useful, I am not sure that bankruptcy alone will be enough to succes...
Thank you.
And, Mr. Taylor, or Professor Taylor, are there a couple things that, specifically, you would like to see done to improv...
I think bankruptcy is superior to the orderly liquidation authority because creditors and shareholders should shoulder t...
We should not be jumping straight to Title II. We have not worked through Title I properly.
I think Title II... you will make it actually a much less likely scenario.
the banks have to show that they are able to be resolved through bankruptcy without causing large systemic risks
I think the theory was that the chaotic collapse did not work very well in 2008.
that turns into a taxpayer-funded bailout
Dodd-Frank absolutely requires... that these banks have to become simpler and much easier to resolve.
If we are exporting the raw material, we are going to then import the finished product.
We have a lot of concern about the possibility of explosions from oil trains.
More than 10,000 of them have said, 'Do not export our crude. You are putting our jobs at risk.'
I think there is a cautionary tale in looking at log exports from the United States.
We are exporting an incredible number of raw logs, and kind of think what this does to the U.S. That means we are Third ...
Take care of our industries first, make sure that we have a low-cost energy economy, a low-carbon energy economy.