chairman martin gruenberg was among the featured speakers. this is about 40 minutes. >> this is theirs. >> okay. okay. i'd like to welcome everybody back for our afternoon program, please. we hope you enjoyed a good lunch. we've had a very interesting morning, we're delighted now to have the privilege and honor of hearing from chairman martin j. gruenberg, acting chairman of the federal deposit and insurance corporation, chairman gruenberg has a number of d distinctions but one of them which is relevant for today's event is that he worked very actively on the senate banking committee for a number of years, served under senator paul sarbanes, actively involved in the drafting of that statute, along with chairman gensel and professor goldsmith was involved. obviously steve harris also we've heard from this morning, so we have a number of folks with us this morning who are truly veterans of that effort and can give us some perspective on that statute. chairman gruenberg served on the senate banking committee i believe i'm right in saying from 19

we're delighted now to have the privilege and honor of hearing from chairman martin gruenberg. he has a number of distinctions. he worked very actively on the senate banking committee for a number of years. served under senator paul sarbaines and professor goldschmidt was certainly involved. obviously steve harris also we've heard from this morning. so we have a number of folks with us this morning that are veterans of that effort and can give us perspective on that statute. the chairman served on the senate banking committee, i believe i'm right in saying from 1987 until 2005. previously, he had received his law degree from case western reserve and his undergraduate degree from princeton. he became vice chairman of the federal deposit insurance corporation in august of 2005. and then became acting chairman when chairman powell stepped down and more recently became acting chairman when chairman sheila baira stepped down last july. so he certainly is a person who has had broad experience in the legislative branch. obviously for the last several years has been deeply involved in

we are delighted now to have the privilege and honor of hearing from chairman martin jay gruenberg of the insurance corporation. chairman gruenberg has a number of distinctions, but certainly one of the most for today's event is that it works very actively on the senate banking committee for a number of years, served under senator our brains, was actively involved in the drafting of that statue, along with chairman ken fuller and nicely professor was personally untruths are to evolve. better if dean is involved in the banking committee, but obviously steve harris also we've heard from this morning. so we have a number of folks with us this morning who are truly veterans of that effort and give us some give on that statue. chairman gruenberg served on the senate banking committee, i believe i am writing sane, from from 1887 until 2005. previously he had received his law degree from case western reserve and undergraduate from print 10. he became vice chairman of the federal deposit insurance corp. in august 2005 and then became team chairman when chairman powell stepped down and more re