Chuck Schumer

How do we deal with the leverage issue for non-depository institutions is what I am asking.

But you do not rule out some regulation of the smaller----

This time our recession is being caused not by rising interest rates but, rather, a massive credit crunch.

Good for you. Maybe Mr. Azoff will come to your wisdom at that.

Well, I could not afford it. I can barely afford to buy one ticket on TicketsNow.

Is it your view--yours, not your board's, not the company, but Mr. Irving Azoff's--that Ticketmaster should sell TicketsNow?

But it didn't--but it happened before, right?

But the same type of situation that we saw with Springsteen, this is not the first time it happened?

Again, submit those in writing, OK? But the writings are under oath and all of that, so we know they will be accurate and all that.

So submit that in writing.

I will ask unanimous consent he be allowed a day to submit that in writing?

In fact, Ticketmaster stands to gain more in fees and markup from tickets sold on TicketsNow. Isn't that correct?

In fact, am I correct that Ticketmaster is the only primary ticket seller that provides a link to a secondary seller that it also owns?

Competition is a win-win situation because it is great for consumers. Antitrust helps to keep that system in force.

Ticketmaster never should have gotten into the secondary ticketing business by buying TicketsNow to begin with.

We need answers, not apologies, and I hope in this hearing we can hear specific answers as to what happened here and why it will not happen again.

Bruce Springsteen says Ticketmaster abused his fans, and I agree with the Boss.

I have made no secret of my opposition to this merger.

We will do everything we can to make sure that New York has final say on routing decisions, which is what the court intended.

Reclaiming my time, I think my colleague from Oklahoma makes a fair point. There have been occasional Members, such as the Senator from Oklahoma, the Senator from Ohio, the Senator from Maine, Ms. Snowe, who have talked repeatedly about…

I have always been a steadfast supporter of Federal funding for museums and the arts in New York and across the country. When I voted in favor of Senator Coburn's amendment No. 309 to H.R. 1, the American Recovery and Reinvestment Act, I…

One was to do a nationwide search to see where to locate its credit processing office, and they found that New Hampshire was the place where, on average, it took the longest amount of time for a letter to be mailed from any point in the…

The type of trip-wire pricing is predatory. It has to end.

Disclosure is no longer enough.

Good old fashioned American competition did the job.