I will never forget being called to a meeting--I believe Senator Gregg was there as well--when the Secretary of the Treasury and the Chairman of the Federal Reserve told us that they were going to be taking over AIG the next morning.
Recalling a critical meeting during the financial crisis regarding AIG's takeover.
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I do, and I made that argument to the commission, and others on the commission made some of the points that you are making now.
I wish I could look you in the eye and say, you know, if we just had the will, we could reverse this, and we could go back to a time when defined benefit plans were on the increase. I do not think that is in the cards.
I urge you to vote for the confirmation of Dave Turk. I urge you to do it quickly.
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