Kay Hagan actually said...

"You know, it seems apparent that we need new board and new governance rules and obligations for the board; and also, contract procurement issues have been raised and need to have a lot more attention."

"I guess I'm surprised that we don't see what the investment policy is."

"Well, when I think about all the people who are counting on it, I think the foreseeable future needs to have a very short definition so that we can plan appropriately and effectively for these retiree..."

"I think you've had a good hearing, and we obviously have a lot to do in order to improve the PBGC going forward."