I authored legislation in the last Congress that would address in a more thorough and comprehensive way the effects of corporate bankruptcies on workers and retirees. At our markup on H.R. 975, the gentleman indicated a willingness to explore these questions, and I would ask the gentleman whether he would be willing to schedule hearings beginning in the spring in which we could begin to talk about this overall issue.
Discussing the impact of corporate bankruptcies on workers and retirees.
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I think we have a lot more to learn, and I agree with the Ranking Member. I would like to learn about how government created this mess.
If we do not address these issues from a public policy perspective, we put the free marketplace at risk.
There should be no doubt that we need a new regulatory framework and as importantly sustained supervision of the financial system.
When you are looking for whipping boys, you know, the CRA is just a prime target.
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