06/08/2010
https://www.congress.gov...
"How do we deal with the leverage issue for non-depository institutions is what I am asking."
"There are a lot of institutions with no capital standards, but they were not banks and regulated by you, who used huge leverage, 30:1, 40:1, 50:1."
"Is it your view--yours, not your board's, not the company, but Mr. Irving Azoff's--that Ticketmaster should sell TicketsNow?"
"But the same type of situation that we saw with Springsteen, this is not the first time it happened?"