On the recordFebruary 14, 2013
I thank my good friend from Vermont. Just to complete my statement on the financial part, this is relative to the fees he received when he was on the advisory board of Corsair Capital. This is a company he does not control. He is not in a position to require that it disclose anything. The other members of the advisory board--all of whom are identified, by the way, on the company's Web site--include the chairman of JPMorgan Chase International, who is a laureate of the 2002 Israel Prize in Economics and a recipient of the Scopus Award from Hebrew University. Other members of the advisory board: the former director of investments for Yale University and the former chairman of the Financial Services Authority, which is responsible for regulating the insurance industry in the United Kingdom. So the innuendo that Corsair Capital is somehow a puppet entity that is funneling tainted money to members of its advisory board is unfair. It is totally inappropriate. Senator Inhofe said yesterday that he is not filibustering this nomination. He is just insisting on a 60-vote requirement for Senate approval. And he said it is not unusual to insist on 60 votes for the approval of a nominee and this was done during the Bush administration for the nomination of Stephen Johnson to be EPA Administrator and the nomination of Dirk Kempthorne to be Secretary of the Interior. Well, the Senate rules do not provide for 60-vote approval of nominations or any other matter.…





