Video archive of the US Congress

Senate Proceeding on May 5th, 2010 :: 5:09:25 to 5:11:45
Total video length: 9 hours 16 minutes Stream Tools: Stream Overview | Edit Time

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Bob Corker

5:09:21 to 5:09:41( Edit History Discussion )

Bob Corker: chance to comment on this. mr. corker: i want to thank the connecticut, and i'll be very breevment i know we're bumping umagainst a vote. my friend from virginia is here, mark warner, who sator dodd and senator shelby have allowed us to work on this portion of the bill and i want to thank him for being such a great partner. i think one of the things you learn around this body very

Bob Corker

5:09:25 to 5:11:45( Edit History Discussion )
Speech By: Bob Corker

Bob Corker

5:09:42 to 5:10:02( Edit History Discussion )

Bob Corker: quickly is you certainly don't end up getting everything the way you'd like for it to happen. and i want to thank both senator shelby and senator dodd for the the last week or so to improve this bill. look, i think senator warner and i -- i'll speak for myself.

Bob Corker

5:10:03 to 5:10:24( Edit History Discussion )

Bob Corker: obviously there are some pieces i wish were a little din. i wish that the length of receivership was not five years. it is a much shorter period and we wound these companies down a lot quicker. i wish we d judicial resue so that -- review so that if a company is place place into this type of resolution, they have the opportunity to have that resued in a much better way.

Bob Corker

5:10:25 to 5:10:47( Edit History Discussion )

Bob Corker: i wish we had a bankruptcy court title. and i know senator shelby and warner and others would like it see that happen. i'm hoping that over the course of the amendment process that will happen. judicial review of claims -- i wish that were owe cumpleg i know that's not part of this title. and also i wish there was judicial review of the valuation process that goes through. so there are a number of things

Bob Corker

5:10:48 to 5:11:08( Edit History Discussion )

Bob Corker: that i wish were better, but i will tell you, the work that the two of you have done today, i think, is good. i plan to support this. and i would say to my colleagues on this side. aisle that want even to see the bankruptcy process be the process, that i think they should still support what you've done because what you've done is

Bob Corker

5:11:09 to 5:11:30( Edit History Discussion )

Bob Corker: tighten this resolution title up to make it much better. i'd like to der to my friend from virginia, if i could, because i know he's going to talk about some aspects of this bill that are not talked about much, and i think they're preventive measures -- or at least of this title -- to keep us from being in a situation where resolution is even as

Bob Corker

5:11:31 to 5:11:45( Edit History Discussion )

Bob Corker: necessary, because of the precaution nature place issues that are put in place. so with that, i want to thank the two of you. i want to four the involvement. -- i want to thank you for the involvement. and i want to thank you for the way you've worked together to make this bill better with the

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