02/28/2012
https://www.congress.gov...
"I want to commend you and Ranking Member Shelby for holding this hearing because, looking back over the last several years, there were many, many issues that had potential dire consequences to the fin..."
"That is a possibility, and specifically it is addressed by Congress in Dodd-Frank."
"A final question. I am concerned about the impact on municipal participants."
"But here is the situation. You have a prominent fund that miscalculated, in the case of the experience in 2008..."