mr. steenkamp? >> a critical objective of the firm. >> this was a central core responsibility. this is not some esoteric will. this is not some accounting error. this is central. this goes to the very trust that your firm relies upon. the whole market relied upon in order to function. we have $1.6 billion of customer money take a walk and none of you know anything about it. none of you are aware of it. this is not a small amount of money. $1.6 billion in money that was entrusted to you and the whole reason for a segregated account is to protect the client's money. it is absolutely disgraceful. utterly disgraceful what has happened here. it is disgraceful that you sit there and say we do nothing about it. i was on vacation. i was in chicago. i was in new york. i was doing the global thing. is not believable. i've got to tell you it is not believable at all up here. it is utterly disgraceful. it is disgraceful not only for mf global but anybody in your industry because it is such a central principle i

mr. steenkamp?ar the other two witnesses saying it is fine and okay. is it okay? >> sir, it is not knowing what actually happened. it is impossible -- >> you took money and your spouse to be able to get it back. if i can't get my money back, then the bank has taken it. these hog farmers put their money with you and they can't get it back. is that right or wrong? morally right or wrong? it doesn't matter anymore. your legal council cannot declare it to be against the law did. >> sir, i think there are a lot of different concepts being combined -- >> i think i can understand why mr. lynch and mr. -- i think i understand why they are frustrated. it is okay. we can't really declare why it is okay. this is not reassuring to the american people who might know that their money is not in safekeeping after all. it sends a message that you all can't find a legality about it. that is the message that is going out today. mr. capuano said if i'm, shame on you. thank you. i yield back. >> i think the gentleman. n