Bill Delahunt: “I find it ironic that the Volcker action is supported by a former Attorney General of the United States, Dick…”

“I find it ironic that the Volcker action is supported by a former Attorney General of the United States, Dick Thornburgh, in a very thoughtful op ed piece, because he understands what investigations are about. I would describe the amendment put forth by the gentleman from Texas (Mr. Barton) as the tip-off amendment. Give the information so that in the course of an investigation, those who might be targets or subjects of an investigation know what you have and can anticipate the questions. I would also comment, and I have never met Mr. Volcker, but I have read the reports to date. They have been extremely harsh and critical and underline the need for reform. At the same time, a comment was made, and I think it has to be addressed. Everyone involved in the independent inquiry under the leadership of Mr. Volcker and the jurists from South Africa is not a United Nations employee. In fact, many of them are former career Federal prosecutors from our own Department of Justice. I had an opportunity to discuss this matter with them. They understand how to conduct an investigation. Let them conclude their investigation, and then I am sure they would be happy to disseminate any documents they might have. The Acting CHAIRMAN. The gentleman from Texas has 30 seconds remaining.”