Thank you, Mr. Chairman, and I want to thank you for having this hearing this morning.
I think that there is a lot of concern with the general public--and I know I am speaking for Arkansas here--that people ...
But when it comes to doing something like selling CDOs, do you see any conflict there, or do you just see that as a func...
Let me ask, if I may, and I am not sure which one, but I will go ahead and ask this to Mr. Broderick.
There is a company that is based in Little Rock named Stevens, Incorporated.
OK. I am not sure everyone agrees with you on that, but I will take your answer.
They never contemplated--they never worked into their models the kind of move that occurred in the market.
Listen, I think the financial reform is a good step.
In retrospect, they were inaccurate.
In the past 25 years, America has seen an increasing number and severity of financial crises.
And when you have compliance, are you talking about compliance with SEC and other rules and regulations, or are you talk...