mr. fitzpatrick. >> thank you, mr. chairman. here we are in hearing three of the series of hearings investigating mf global. we know throughout the week of october 24, mf global lacked cash severely that led to bankruptcy on october 31. in those chaotic final days, up to $1.6 billion in customer money went missing. at a time when america's people are a lacked confidence in america's markets, mf global provides an example of how multimillion dollar securities firms can impact middle-class americans. many members of this committee, i have had constituents at affected by this event, and that is who i am here to speak for. we owe it to customers who lost money to discover exactly what happened at mf global. what these hearings are also designed to do is to provide insight into our financial markets and regulations designed to protect them. the american people expect us to hold wrongdoers accountable and protect those who play by the rules. here we are. as numbers of the house of representatives, we are here to stand in place for mil

mr. fitzpatrick, for one minute. >> thank you, mr. chairman. here we are in hearing three of a series of hearings, investigating the facts around the collapse of mf global. we no mf global suffered a severe lack of cash that led to the firm filing bankruptcy on october 31. and in those chaotic final days of the $1.6 billion in custer money went missing. at a time when americans already lack confidence to financial markets, mf global provides another devastating example of how multi-million dollars security fronts consider the impact middle-class americans. like many members of this committee i've had constituents effected by this event, and that is who i am here to speak for. we owe it to customers who lost money to discover exactly what happened at mf global. what these hearings are also designed to do is to provide insight into our financial markets and the regulatory regimes designed to protect them. the american people expect us to hold the wrongdoers accountable and to protect those who play by the rules. so here we are dumb as members of

mr. fitzpatrick you are recognized for five minutes. >> thank you mr. chairman. mr.steenkamp did you on sunday, october 30 or any day for that matter, did you instruct anybody at mf global to hold off on contacting regulators about mf locals segregated deficiency? >> i have no memory of instructing anybody to hold off. >> have no memory of instructing anybody? >> no. >> ms. sawinski you stated on page three of your testimony that on saturday i was initially told that the segregation and secured statement for friday showed the firm to be under segregated. who told you that? >> someone on our staff i believe. i don't recall exactly who the person was. >> you need to pull the microphone closer. >> someone on my staff. >> someone on your staff? and who was that? >> i don't recall if that was the regulatory capital comptroller or the comptroller. >> it would be a pretty significant piece of information you received on the day that you were turned back from your vacation, correct? you don't remember who told you that you had a significant deficiency? >> originally when the

mr. fitzpatrick: dan was someone who loved his country and cared deeply about its future. during his life, he served his community and worked to better the lives of those around him. he imparted these values to his children who have gone on to contribute greatly to their communities as well. i had the honor and the pleasure of knowing dan. he left a lasting impression on those he touched, may his soul rest in peace. i yield back. the speaker pro tempore: for what purpose does the gentleman from nevada seek recognition? >> mr. speaker, i seek unanimous con sent to address the house for one minute and to revise and extend my remarks. the speaker pro tempore: without objection, the gentleman is recognized for one minute. >> thank you, mr. speaker. today in nevada a funeral service is being held for william j.. when you think of nevada public service, his name tops our list. when you think of legislative leadership in the silver state, bill's name tops our list. when you think of self-made individuals in nevada, bill's name once again tops all lists. it is with sincere sorrow