On the recordMay 5, 2010
I wish the length of receivership was not 5 years but that it was a much shorter period to wind these companies down more quickly. I wish we had judicial review so if a company is placed into this type of resolution, they actually have the opportunity to have that reviewed in a much better way. I also wish there was judicial review of the valuation process. There are a number of provisions I wish were better, but I will say that I think the work Senator Dodd and Senator Shelby have done to date is good. I plan to support this.
