On the recordNovember 17, 2009
I don't think any of them understand it.
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congress.govI don't think any of them understand it.
Conrad discusses the lack of understanding of derivatives among top executives.
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If we are going to have tax-advantaged vehicles to encourage people to save for retirement, then the savings ought to be for retirement.
It takes guts to do that, and Chairman Arrington, you have certainly led the charge on having a commission.
I watched as a new Senator your work as a Democrat on fiscal accountability. You, in fact, were a deficit hawk among Democrats.
I think there is just a tremendous opportunity here, and I really applaud the two of you for doing this in a bipartisan way.