Video archive of the US Congress

House Proceeding on Jul 31st, 2009 :: 1:43:25 to 1:45:10
Total video length: 3 hours 53 minutes Stream Tools: Stream Overview | Edit Time

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Spencer Bachus

1:43:22 to 1:43:46( Edit History Discussion )

Spencer Bachus: who are best qualified and motivated to manage the risk, the shareholders. with that, i yield back. gentleman yields back. the gentleman from north carolina. >> we reserve the balance of our time. the speaker pro tempore: the mr. bachus: mr. chairman, it

Spencer Bachus

1:43:25 to 1:45:10( Edit History Discussion )
Speech By: Spencer Bachus

Spencer Bachus

1:43:48 to 1:44:10( Edit History Discussion )

Spencer Bachus: appears as if this bill is so much more than a shareholder's right to say on pay bill. we already have a czar, a pay czar. are we going to have a consultant czar?

Spencer Bachus

1:44:11 to 1:44:34( Edit History Discussion )

Spencer Bachus: we're going compensation consultants, they go to the agenciesing, they meet certain criteria, are we going to have a consultant czar? again, are we going to need management czars? risk czars? because these 20 pages and 15

Spencer Bachus

1:44:41 to 1:45:01( Edit History Discussion )

Spencer Bachus: of it deals with risk, it deals with inappropriate behavior, are we going to, on the bonuses, are we going to have every bonus submitted to some government agency to review? how are you going to report those bonuses?

Spencer Bachus

1:45:02 to 1:45:12( Edit History Discussion )

Spencer Bachus: how will you approve those bonuses? how long will it take to approve those bonuss? the administration itself has

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