chairman, i would like to ask unanimous consent to enter the written statement of the steve bartlet, president and ceo of the financial services round table into the record. >> without objection, so ordered. >> i would also like to acknowledge some of the testimony in response to some of my colleague's question that no one is advocating for a national insurance charter in any way is suggesting that we lower consumer protections. in fact we're starting at the baseline nic models and improving by adding a national insurance commissioners that would@@@@@ billion of federal tax dollars that had gone to shore up life insurance subsidiaries that took risky bets through the securities lending programs that notably were approved by the state commissioners? >> in a follow-up question to that, what resources have been put in place subsequently by you and our commissioners to oversee the lending program. >> thank you for that question. securities lending have come up in other comments as well. it's important to understand that the problem, first of all that the new york department of insurance