lostere will be a opportunity for russian firms. mr. lipsky: two questions. non-experts from abroad have the impression that in that timeframe running up to the crisis, and oil price shock, there was a process of centralization going on in the russian economy. a reassertion of the role of the state or large enterprises that were associated with the state. in the current context, does that turn out to have left the economy or wrong footed and needs to be reversed or should these firms be able to be more decisive in moving to take advantage of opportunities? so far, it looks like they have not been but you tell me if that impression is how you see the interaction of the opportunities and this re-central is asian of the economy that preceded the shock. first of all, from an economists point of view, if a company state owned or privately owned, it doesn't really matter. the outcome matters. do i see the firm to be efficient? there's not a monopoly. these are the questions. so in general, if i see in a country that the state footprint, like we call it, increases,

. >> there is a difference between loster and applause. believe me. i know. >> also senator grassley has a statement as well. let the record show i both laughed and applauded at senator franken's jokes over the years. the hearing will remain open for one week and with the thanks of the committee, this hearing is adjourned. >>> on "american history tv" on c-span this september marks the opening of the smithsonian national museum of history and culture and "american history tv" is live for an all-day conference with scholars from across the country discussing topics including african-american religion, politics and culture, historic preservation and interpretation. at 10:00 p.m. eastern on "real america," the church committee hearings, the commission hears testimony from two fbi informants, mary joe cook at how she penetrated an anti-neat vam war organization and gary thomas rowe who infiltrated the klan. >> the birmingham policemen set up the beating of the freedom riders and you told the fbi that? >> that's correct, sir. >> and then were they beaten?