So they are making progress.

If they don't know it, nobody knows it.

Over the last couple of years, I honestly wouldn't waste my time coming to a hearing with the SEC Chair because I didn't like anything that they were not doing, because they weren't doing anything.

But I just want to say thank you, thank you for beginning to restore--my faith in the system that we have created.

Now we are where we are. Today, to some level, it is a little early, but on some levels, it is almost I am not sure I want to stick around too long because everything you are doing I like.

People who tell me that affordable housing pikes the neighborhood, I need them to go and see an affordable housing project literally across the street from some of the most expensive housing in Massachusetts.

The problem that I have with it is that it is one company that was into so many things that the State regulators chose not to regulate.

The regulation of the insurance industry is significantly different from the bank industry.

So we should have passed TRIA. And I agree.

We need a systemic regulator--I don't like the word 'regulator,' because I think that implies overactivity--at least a systemic monitor, maybe a regulator, to review what's going on.

The inability to ascertain the risk is the same.