They have risk, and hopefully we are going to, at the end of the day, come out relatively close to whole.

I want to come back to this valuation issue, but I have got a couple of other questions first.

the sooner we bite this bullet, the better in terms of trying to get some of these--particularly clean up the balance sheets and get these bad assets off.

Too many folks still do not know that--at least Virginians feel that we have totally wasted all that first $350 billion.

A pricing mechanism, basically.

I want to hear the testimony, as well, and get to the questions. I am just going to give you a heads up. I am going to come back to you on issues around transparency.

Even if we have a regulated system, you could make the argument that might be the safer system.

What I have learned in the meantime is that there is a 2006 study out by the Center for Naval Analysis which polled soldiers who use these weapons in combat and found that 48 percent of the respondents were dissatisfied with the M9…

I had the opportunity to go to Iraq and Afghanistan here recently, and I heard a number of complaints when I was there about stoppages and malfunctions with the M9 pistol and the M4 rifle.

So actually making a risk assessment of the product, and then if the assessment was the product was too risky, then perhaps saying some universes of consumers might not be eligible to----

We had that situation last week in the Madoff hearing where we had both SEC and FINRA here, and, you know, asked very much suddenly, you know, on broker-dealers, if somebody says they were an investment adviser and FINRA is looking, they…

I think your question is right at the heart of it.

My concern is, Mr. Chairman, that we clearly need to do a better job of protecting the consumer.

I think that is the point that Senator Warner is making, and I think if you have a strong, sensible, balanced regulatory system, the world could also follow us.

No examination beyond meeting the definition.

I had a family member who I warned time and again do not get into this adjustable rate mortgage.

So there has to be some protection component.

But are you saying--because I hope you are not saying that if you have somebody in looking at a broker dealer and they thought they were onto something and they thought something smelled bad, and all of a sudden the CEO of the firm said…