francisco, walking on water front and looking at what facilities were available, he came back to as midstream in our negotiations and said he was not sure that they would be necessary. he said they could be an impediment to the catamaran's functioning. we had to fold that into our understanding of what the access would be and what the necessary improvements would be, and that was very helpful, and very illustrative, and somewhat challenging and frustrating that this was all happening in real time. i share that with you to help understand the dynamics we have been facing as we have been negotiating this. starting with the term sheet, we have been engaged in active conversations with key stakeholders, both within city hall and outside, and a number of them are here to speak today about their support. when we were last at the board, we had a complete list, and since the term sheet's adoption, we have had support come forward from the various sports organizing committee, the united states sailing association, treasure island sailing center, telegraph hill dwellers, the bay planning association, s

why did that change midstream? >> congressman, there was an informal policy. we had very few of these before. we did notify sigtarp and we are looking at what should the formal policy be. we have to be sensitive to the fact that if a law enforcement officials shares information with us, we have to protect the confidentiality of that information, what position that puts a sen. -- put us in. as i say, there are some complexities to this. i would be happy to meet with you and your staff to discuss it further. we are getting a very serious thought. >> i think the gentleman. we now recognize the gentleman from virginia, mr. connolly, 45 minutes. >> good timing. >> the best. >> thank you for appearing before the committee today. mr. massad, did the bush administration make a mistake in creating the tarp program? >> no, i do not think so, congressman. i think it was unfortunate that we had to create tarp. we did not have the tools to otherwise deal with this crisis. but they were right to take the action that they took. i am proud of those members of congress on both

why did that change midstream? >> congressman, there was an informal policy. we had very few of these before. we did notify sigtarp and we are looking at what should the formal policy be. we have to be sensitive to the fact that if a law enforcement officials shares information with us, we have to protect the confidentiality of that information, what position that puts a sen. as i say, there are some complexities to this. i would be happy to meet with you and your staff to discuss it further. we are getting a very serious thought. >> i think the gentleman. we now recognize the gentleman from virginia, mr. connolly, 45 minutes. >> good timing. >> the best. >> thank you for appearing before the committee today. mr. massad, did the bush administration make a mistake in creating the tarp program? >> no, i do not think so, congressman. i think it was unfortunate that we had to create tarp. we did not have the tools to otherwise deal with this crisis. but they were right to take the action that they took. i am proud of those members of congress on both sides of the

so that's -- >> no, but politics, get as many as possible even if we change it midstream. >> i wouldadd something to that. everyone during redistricting, keep your back to the wall. because it's not just the other party. it's not just you know, people who are white. it's every person for themselves. you know, your best friend when it comes down to it might not be your best friend. >> roland, i would just add to that that not necessarily in a partisan sense, but progressives has to be constrained by the notion of fairness. what seat did i have? barbara jordan had the seat in state senator. they had the at large scheme of electing people. when she went, democrats controlled the texas legislature. back then democrats controlled most southern legislature. she had to fight with conservative white democrats to make room for others. this element of self-interest. my first experience is when i guess you might have been in the high school when i was on the city council. they came in and said we got to redistrict nine city council districts in houston. they said councilman, your district is th