i told mike, john dingle doesn't take his first name. [laughter] he thinks his name is that, oxley. [laughter] he credits mike with having divided the committee. that's where we are, but it's extraordinary interesting committee. i have to say that the -- it's a combination of some of the most difficult political issues that we have and some of the most complex intellectuals getting the financial situation right is a very hard thing to do, and, yes, it is complicated right now by the fact there's ideological divisions, but spencer is right, it does not on the whole get in way of personal relationships, and with do work to try and reach agreements. we did it on flood insurance and trying to do it on others. in the end i think all of us would say, spencer i know agrees and mike and jim who was a great chairman, of all the people i served with, i must tell you i was most profoundly effected by a great man, chairman of the committee whose passion for fairness in this country was so enormous. i will tell one jim story. when paul was clearly no longer going to be head of world bank, alan gr

mike was a new member of my committee. we had problems with credit rating agencies during sarbanes oxley. we decided for jurisdiction reasons we would deal with a separate bill and we did. make fitzpatrick, a frenchman -- a freshman introduced the bill and we got it passed. mike learned the process and what you had to do to move the bill forward and it was an important piece of legislation to provide more competition in that arena. it has worked incredibly well. we have eight new entrants since the bill passed. one with the japanese company. all of you who worked with us whether you are lobbyists for media or staff, all have a special part of the history of this institution. we went back to 1865. we are still representing the american public and i am proud to be here and thank you so much in the historical society. thank you very much. .. what [applause] >> one thing i would like to say senator sarbanes, when i was up here i have a tremendous amount of respect for senator sarbanes. one thing i did see during sarbanes oxley is all to people reach across the ogle and the house and the senate