05/19/2009
https://www.congress.gov...
"I appreciate the fact that Chairmen Schapiro and Gensler have each accepted President Obama's call to be part of the economic leadership team to help craft a more reliable regulatory framework and gui..."
"we cannot . . . must not . . . and will not let our auto industry simply vanish."
"Exempting these investments from regulation has proven to be a costly mistake--contributing to the $180 billion taxpayer bailout of AIG, the collapse of Lehman Brothers, and the demise of Bear Stearns..."
"President Obama has called for action by the end of this year to strengthen market integrity, lower risks, and protect investors."