Mark Warner

And there was no--from your investigators, there was no skepticism about it? There was no red flag? They accepted that at face value?

One of the questions, and I know that Senator Shelby and Senator Schumer have talked about additional resources.

I would think that actually the Enforcement Division's location in the greater Washington area is still a pretty good place for it to be located.

Isn't that in and of itself another red flag that should have said, hey, is this guy doing this all out of the his good heartedness?

Absolutely. We often, in our examinations, investigations of broker dealers, take our jurisdiction as far as it can go, and then once we hit that jurisdictional dead end, refer that conduct over to the SEC.

What about the question of the actual performance of the fund?

As we look at public/private which often times involves tolling, making sure that they've got to stay in the game is very important.

I mean that we've got more agreement.

I really wonder if we're going to take a fresh look at metrics.

One of the things I think we always have to watch out for as we look at public/private partnerships is making sure that the private sector actually has some skin in the game.

I wonder if you--I know this is very early in your thinking process, but have you given any thought to the 11 separate agencies you have within the Department and how the boxes are aligned?

I'm looking forward to working with all of you.

Eric Holder is a good man.

We are in the midst of the greatest economic challenge we have seen in a generation and we need to look for leaders who understand this, who understand history, and who understand the way markets work.

It is all about confidence. And he knew in his heart that his children shouldn't have that attitude, and he always said to both of us, 'Go out, save your pennies, buy a home. It is America. You will be fine.'

Heavy is the head that wears this chairmanship. I just want you to know, aside from everything else, how much I appreciate what you do and Senator Shelby, trying to light a candle in this darkness.

How do we get everybody underneath that regulatory umbrella?

It is important, so important that we don't have a whole generation of young people scarred by this deep recession.

I think you have now touched on my second point, regulation and transparency enough or actually looking, as you said, at, in effect, the social utility of some of these products in terms of prohibition or not?

I share Senator Shelby and Senator Reed's concerns that you have voiced, as well, that some of these new tools that have developed, the credit default swaps, hedge funds, failure to have any regulatory oversight on those new tools.

How do we protect the investor?

It's an honor and a privilege to support Donald Remy's nomination before the Senate Armed Services Committee.

We think and they have shown that increased patient satisfaction, increased family satisfaction, and, on average, cost savings north of $5,000 per person.

I have legislation pending about raising end-of-life issues, recognizing that 70 percent of Americans have no advance directives.

Is that kind of real-life examples factored into your analysis in terms of scoring costs?