Forty one million to these local entities is a lot of money. They are out. They have fronted that money.
Dodd-Frank did not address one of the largest root causes of our recent crisis, and that is, Government housing policy.
to me, moving forward in Louisiana and on the Gulf, I think the single most important recommendation of your report is that we, in Congress,...
Thank you again for your specific recommendation about Clean Water Act fines related to the event. I just want to underscore, particularly f...
if the liability cap is too low and is not reflective of the real economic consequences, then the cost is not going to go away.
We recommend that there be a reexamination of what would be the appropriate level of, the appropriateness of having any cap.
I think it is unwarranted.
We believe it is very important to see this as an opportunity to do something that has been long needed.
the industry is developing impressive new well containment technologies and there are new standards being established within the industry it...
We think this cap is a, obviously 20 years out of date.
Well, at least my next question, because I guess I just fundamentally disagree with that, my next question was going to be when will the Pre...