I think you teed up a very good point that--you know, and I come as a nonbiased party to this optional Federal charter or State charter debate.
But somebody still has to define whether you are a riskier firm by your product line.
I apologize, Mr. Chairman, for going on so long.
Which would be a difficult assessment to make at a State level.
If you choose to do a whole series of what would be viewed by someone as a risky product line, there would be additional...
we need to have some mechanism in a sense of a prefunding of resolution so that we do not end up as taxpayers being caug...
We heard that before, and it was not like the U.K. was spared.
Buyer beware.
The big question we have, we have no resolution authority for the whole nonbank half of the financial world that in many...
I concur with his approach and that our goal ought to be allowing these institutions to actually fail in an orderly proc...
I have got another--I am just going to make one quick comment, because I do not want to interfere on Senator Martinez's ...