Jack Reed actually said...

I was listening closely to the recollections of both you and the Ranking Member about September 2008 because I was also there.

But having done all this work, that reaction was not irrational, given what they were seeing in the marketplace, given the contagion, given ...

This is the inclusion of the warrants provision, which I insisted on being included with the support of my colleagues.

Thank you. Turning now to fuel-efficiency standards, we are already extremely sensitive to rising gasoline prices.