making sure that the living wills and/or funeral plans are really closely examined, particularly as regards to the international implications, will be one of the ways that you would prevent, I would think, resolution having to be used.

We live in an interconnected global economy, and as we have seen, that means interconnected global problems. Vulnerabilities and gaps in financial markets abroad can impact us here at home. The reverse is also true. Any reform or rules we…

I had the belief, and I think Senator Corker did, as well, that we wanted to have a preferred process for bankruptcy and resolution being only as a remedy of last resort.

I would have real problems if there was going to be kind of an arbitrary taking of debt that would be converting it to equity if investors were not prewarned on that.

I would agree that our difficulty, with respect to responding to international terrorism, was illuminated by 9/11.

We need to be working together in order to resolve these issues, and I just hope--take the message back, if you would, and again, my thanks to you for having dedicated your life to those who have served.

Well, the Department of Defense--I spent 5 years in the Pentagon, as you know--the Department of Defense was the greatest data resource center in the government.

I would like to express my appreciation and support for you holding these kinds of hearings.

There is a great percentage of veterans law that gives an enormous amount of discretion to the executive agency itself.

I want to particularly thank Senator Cardin. He is an important member of both the Senate Budget Committee and the Government Performance Task Force, and I have benefited greatly from his guidance and support.

As a matter of fact, it was ranked No. 1 in the whole country, a designation that we maintained until changes just in the last week or so.

It has been, a national embarrassment.

I think our Federal work force at times feels overwhelmed with whatever--whoever is coming in has got a new set of reporting requirements.

But whether this position will be maintained, whether it will have enough juice I think the jury is still out.

I think it gets harder at the State level, but you still have that chief operating officer role as the Governor.

And when you started even on the --in the ability to demonstrate the effectiveness of the program, did you sit with your leadership team and try to sort through which questions, did you have your staff--how do you even decide which is…

the worst example of penny-wise, pound-foolish is not investing in the Federal contracting oversight work force

I urge you to support that request.