So it is more of a feeling, right?

You are not answering my question, Mr. Williams. What percentage of your compensation is tied to mortgage modifications?

But is one of the broader sections mortgage modifications?

So if we just left this as it is currently structured, we could be back here having this same hearing in 5 years.

the President has complained about executive compensation packages, but two large entities where he could have a larger and direct say, he tends to make speeches rather than actual consultation.

I appreciate your willingness to do this.

Well, the question is not----

If you listened to the gentleman--I have never seen the scorecard.

There is no try.

Who says there is just politics on the Hill?

there has been a hew and cry from the President in particular about executive compensation

Will you commit full compliance with all requests of information from the Office of Inspector General?

Would you be willing to submit that for the record once you can gather the documents?

Would you commit to letting the Office of Inspector General directly request of Fannie and Freddie the documents and information that they need?

I would like to see Fannie Mae and Freddie Mac be done away with and go back to the private market.

I think that when you start giving these salaries out to these people, you have to make absolutely sure you are not being excessive.

I certainly appreciate that and I appreciate your willingness to answer questions today.

I have great concern about market structure, I have great concern about the willingness of an IPO to occur on an exchange here in America.