mr. wallace should be given credit for how he helped to improve the program in the standpoint of what we did when we look at the program and redeveloping it before we got our new coordinator. we looked at it from a different perspective. when you have a training program that does not ever get someone into management, he and i felt that was a failure. we created. the way we looked and developing getting someone from the community that actually could help to motivate other students at a higher level -- you had a pre-apprenticeship program that became an apprenticeship program. we do have an individual from that program that actually became a grade 5 who is still in the apprenticeship program. i think that is the part that you want to hear. the other thing we did in that program is a task force in which we received from this program -- there were the highest in the community. as a matter of fact, two of our people from that program scored the highest in that test. i think people need to understand that. tommy has done a great job with that. i also think the community career day, which you p

mr. louis marcotte, he said he said, louis, i am not going to let wallace get in the way of me becoming afederal judge and getting appointed for the rest of his life to set aside his conviction. wait until it happens and then i'll do it. in short, with regard to article 4, the evidence will show that judge porteous deliberately sought to conceal material information from the senate and did so in a calculated manner precisely with the intent to confound the senate in the exercise of the confirmation responsibilities. the factual record confirms marcotte's testimony. judge porteous did, in fact, wait until after he was confirmed by the senate and before he was sworn in to set aside wallace's conviction. judge porteous' concerns that he expressed to louis marcotte, that if he -- if the set-aside was discovered it might derail his nomination appeared to have been justified. the media picked up this conduct and reported that judge porteous had engaged in an unlawful act. by this time, however, judge porteous had secured his federal judgeship. after he became a federal judge the marcottes' rela

mr. wallace said? he said that judge porteous was known as a judge who would given someone a second chance, and he gave wallace a second chance and wallace went on to become a minister, and he is now a respected member of his community. now, a lot of this turns, of course, on louis marcotte who also, by the way, admitted at trial -- this is louis marcotte who said -- he explained why he lied on one occasion, and he simply said well, i wouldn't have any reason to tell the truth. that's louis marcotte. indeed, one of the witnesses told the committee that the house staff told him that the reason he was being called is because people wouldn't believe louis marcotte, that he lacked credibility. now, the marcottes ultimately said that lunches would occur sometimes once a month. car repairs that were discussed here lasted about six to eight months and consisted of a few minor repairs. we suggest you simply look at the testimony. you have to look at the testimony because there is not any documents. there's no d

>> i did not. >> let's talk about the wallace and duhon set-asides for a bit exist mr. goodlatte spent a fair amount of time on that. now, you have talked about how judge porteous said that he wanted to way to deal with the wallace matter until after his confirmation, correct? >> yes, sir. >> i am going to show you house exhibit 246. i'm going to specifically look at page 4. >> i am sorry, what? >> oh actually i'm going to first chart on page 1 and then i'm going to go to page 4 because i want to look at the date on page 1. >> okay, september 21, 1994. >> can we zero in on the date. >> september 24, 1994? >> let's take a closer look. september 21, is that what you said? >> yes sir, 1994. >> i am sorry council do we know what council -- exhibit is on the screen? >> this is exhibit 246 i believe. now, do you know when judge porteous was confirmed? >> if you would ask me right now the date, no sir i don't. >> alright. would it surprise you to learn that judge porteous was confirmed october 1994? >> yes, sir. >> so of judge porteous was confirmed in october 1994 does not tha

mr. wallace said he said the judge was known as a judge the to give someone a chance and he's always a second chance ande he went on to become a minister and is now a respected member of his community. now a lot of this turns on louiw marcotte who also widely at admitted at trial this is louis marcotte who said he explained , why he lied on one occasion andi simply said well i wouldn't have any reason to tell the truth. that's louis marcotte. to indeed, one of the witnesses told the committee that theim tt house staff told him the reason he was being called this because people wouldn't believe louis marcotte that he lacked credibility.imately now, the marcottes ultimately said the lunches would occur sometimes once a month.iscussed car repairs that are discussed here last about six to eight months and consisted of a fewwet minor repairs. we can simply look of thete testimony. you have to look at they testimony because there's notwh any documents. there's no documents of exactlyl what repairs were done.al it's all testimonial. so this isn't a debate over the standard of proof, there is no proo

mr. wallace said? he said that judge porteous was known as a judge who would given someone a second chance, and he gave wallace a second chance and wallace went on to become a minister, and he is now a respected member of his community. now, a lot of this turns, of course, on louis marcotte who also, by the way, admitted at trial -- this is louis marcotte who said -- he explained why he lied on one occasion, and he simply said well, i wouldn't have any reason to tell the truth. that's louis marcotte. indeed, one of the witnesses told the committee that the house staff told him that the reason he was being called is because people wouldn't believe louis marcotte, that he lacked credibility. now, the marcottes ultimately said that lunches would occur sometimes once a month. car repairs that were discussed here lasted about six to eight months and consisted of a few minor repairs. we suggest you simply look at the testimony. you have to look at the testimony because there is not any documents. there's no d

mr. wallace to just respond as to how they see this impacting our financial system in general. >> as i said in my testimony we do not see -- but i think the potential is there and we need proactive action to get ahead of us to make sure it doesn't spin into something that we don't want to see. i think there are two key issues. one is what this does to the housing market which could impact a lot of institutions. we td'd need a functioning foreclosure process. i think getting this situation cleared up so that are worse on the front and are given a fair chance of a rehabilitative loan but if that doesn't work out and foreclosure is unavoidable that there is a process that has terms of ownership and legal rights i think is important. there also a lot of litigation exposures here and law enforcement official potential for law enforcement actions and i don't think we have a good handle on that yet. i think we have asked the institutions to do their own financial risk assessments but i think we are continuing to collect information and just don't have a good handle on it yet. >> i am aware of the

mr. louis marcotte: he said, louis, i am going to get wallace -- to let wallace -- louis, i am not going to let wallace get in the way of me becoming a federal judge and getting appointed for the rest of his life to set aside his conviction. wait until it happens and then i'll do it. in short, with regard to article 4 the evidence will show that judge porteous deliberately sought to conceal material information from the senate and did so in a calculated manner precisely with the intent to confound the senate in the exercise of confirmation responsibilities. the factual record confirms marcotte's testimony. judge porteous did, in fact, wait until after he was confirmed by the senate and before he was sworn in to set aside wallace's conviction. judge porteous' concerns that he expressed to louis marcotte that if set aside were discovered it might derail his nomination, appeared to have been justified. the media picked up this conduct and reported that judge porteous had engaged in an unlawful act. but this time, however, judge porteous had secured his federal judgeship. after he became a f

mr. wallace said? he said that judge porteous was known as a judge who would given someone a second chance, and he gave wallace a second chance and wallace went on to become a minister, and he is now a respected member of his community. now, a lot of this turns, of course, on louis marcotte who also, by the way, admitted at trial -- this is louis marcotte who said -- he explained why he lied on one occasion, and he simply said well, i wouldn't have any reason to tell the truth. that's louis marcotte. indeed, one of the witnesses told the committee that the house staff told him that the reason he was being called is because people wouldn't believe louis marcotte, that he lacked credibility. now, the marcottes ultimately said that lunches would occur sometimes once a month. car repairs that were discussed here lasted about six to eight months and consisted of a few minor repairs. we suggest you simply look at the testimony. you have to look at the testimony because there is not any documents. there's no d