I am happy to hear your answer, to be very honest with you, so I appreciate your progress there.

Some of them are worried that you will not take the tougher steps that are necessary, and particularly on proxy access.

I appreciate that you were ready for my question.

But up until now, to be honest, wasn't the drive to basically say, leave the marketplace to act on its own, and if consolidation took place, so be it, under the presumption that the regulators were going to keep it in check.

The consolidation took place in such a way that entities became so big that they are too big to fail.

Isn't it equally important to recognize that maybe the earliest and most fundamental failure that led to our current crisis... is a lack of consumer protection.

Isn't that something that we should be concerned about as we look forward in terms of these set of circumstances.

Isn't it--when an entity is too big to fail, haven't we failed already.

If it is too expensive to internalize those risks, then that means that we need smaller institutions.

It seems to me that when we get to, whether it be in AIG or certain banking institutions that have been defined, that they create systemic risks to our overall economy because they are too big to fail.

Has not worked.