Thank you. And, the world within which we live is limited in time, and thank you very much, all of you, for bringing your expertise to bear on this.
My preference would be not to have Title II and have this reform.
Thank you very much, Mr. Chairman, and thank you all for your presentations.
I think the theory was that the chaotic collapse did not work very well in 2008.
that turns into a taxpayer-funded bailout
While reforming the Bankruptcy Code may prove to be useful, I am not sure that bankruptcy alone will be enough to succes...
the whole goal is to end too big to fail, and as Senator Toomey has presented, that is also his goal and bringing a diff...
It is not satisfactory to just fail to follow through on the intent of Dodd-Frank.
Dodd-Frank absolutely requires... that these banks have to become simpler and much easier to resolve.
I think Title II... you will make it actually a much less likely scenario.
We should not be jumping straight to Title II. We have not worked through Title I properly.