. >> switching gears, in light of the financial regulation reform you have made, how would you rate the performance of the fed in handling the financial crisis, and more specifically, how do you rate the performance of ben bernanke? >> i am not going to make news about ben bernanke. i think he has done a fine job under a very difficult circumstance. i would say that all financial regulators did not do everything they needed to do to prevent the crisis from happening. that is why we have put forward a bold as a set of reforms in financial regulation in 75 years. there were too many gaps. there were laws on the books that would have brought about a prevention of the crisis. the enforcement was not there. there was not sufficient law in some cases. i think the fed probably performed better than most other regulators prior to the crisis taking place. they would be the first to a knowledge that in dealing with systemic risk and anticipating its, they did not do everything that needs to be done. since the crisis occurred, ben bernanke has performed very well. one of the central concept behind

. >> switching gears now. the other biggest name or biggest story of the st.e of john the return daley after a six-month suspension. he's lost all that weight. he seems to be very humble. seems to have found his game on the european tour. what's it like for him out there after day i one? >> you know, this is sort of a, almost like a homecourt for him. he's from arkansas, and just up the road. played in this tournament about 1,000 different times. so he was well received here. his game was still a little off, especially at putting. i'm sure you sawff from the highlights. he had some difficulties putting today. he's used to putting on those greens in europe. now he comes over here, you know. but something that was different, you know, normally you show the highlight from no. 11. the old john daley might have had a john daley-esque meltdown and sort of phoned it in. he didn't do that. he got up-and-down for his bogie. even though he putted poorly and finished 2 over, he went to the range and to the putting green after the round which is also something a little di

. >> i would like to switch gears if there are no further questions on that. the question that two american journalists in north korea, have we had an update. as the swedish envoy seen them? during know anything more? >> know, we continue to ask for their release on humanitarian grounds. >> is the administration now regarding that north korea has a highly enriched uranium program? >> we have seen north korea's announcement that it will weapon is the go2net -- but denies the plutonium at their nuclear facilities and it is beginning uranium enrichment work. as required by security council , they should abandon all their nuclear programs in a completely verifiable and irreversible manner. >> do you believe they have a highly enriched uranium program? >> i have just seen the reports of that? >> jim kelly wince and said many years ago that we knew they had eight enrich uranium per every >> i am saying right now is that we have seen reports. i know you guys are responding to the news that came out over the weekend. i do not wish to get into a situation where we're r

i want to switch gears for mr. mcgrath. you mentioned that you wanted to comment on the solvency two framework, and i wonder if you'd had the opportunity to look at the consequences that will have or may have for states. >> yes. thank you, congressmen. >> first, i do want to commend mr. skinner and his colleagues in the european union for developing solvency to remains and its facent stages, as we heard is not even to be adopted by legislation until 2012. of course, we have 64,000 company years of regulating solvency. so we look forward to working with the eu as they further develop their approach. one report mentioned earlier by mr. skinner is called the dela rosier report and what was interesting about that report is he commented on the need to reflect upon and report the capital standards. you might recall several years ago there was a clamor in washington to give our own banks. the capital freedom for the european institutions and for that reason, solvency, too, warrants serious scrutiny, but i think it's fair to say, i

. >> i would like to switch gears and there are no further questions on that. now the question of the two american journalists in north korea, we haven't had an update and i want to ask if you have anything new, whether the swedish envoy has seen them and know anything more than the last time. >> i am afraid not, we continue to call for their immediate release on humanitarian grounds to make any discussions with the north koreans through new york or any other channel? >> i'm not aware of any. >> as the administration regard that north korea has a highly enriched uranium program? >> we have seen north korea's announcement that it will weaponized the plutonium extracted from spent fuel reprocessing at the yongbyon nuclear facility and that is beginning uranium enrichment work. as required by security council 1874, north korea should abandon all its nuclear programs in a complete revival and irreversible manner. >> t believe that they have a highly enriched uranium program? >> we have seen reports of it. >> you have seen reports of it? jim kelly went to p'yongyang

. >> switching gears slightly. in line of the financial regulation and reform issue, how did you rate the performance of the fed in handling the financial crisis and more specifically, how do you rate the performance of ben bernanke and would you like him to stay on? >> i'm not going to make news about ben bernanke. although i think he has done a fine job under a very difficult circumstance -- under very difficult circumstances. i would say that all financial regulators didn't do everything that needed to be done to prevent the crisis from happening. and that's why we've put forward the boldest set of reforms in financial regulation in 75 years. because there were too many gaps where there were laws on the books that would have brought about a prevention of the crisis, the enforcement wasn't there. in some wayses -- cases there just weren't sufficient laws on the books, for example, with the nonbanking sector. i think that the fed probably performed better than most other regulators prior to the crisis taking place

let me switch gears and talk about the resiliency of the marine corps after seven or eight years at war in two locations. i will fell you on the whole, it is good. we are pleased with what we see. there are stressors, there are strains, of course. you would have to expect that, but we track about a dozen indicators each month to tell us just how the forces -- how the force is doing. in virtually every instance, probably save two or three, those statistics are as good or better than they were in twune. our young officers are staying with us 91% past their original contract of service. this last year, we closed out our re-enlistment opportunities that the midway point through the fiscal year for both career marines, those second or third-term marines for re-enlistment but also our first term marines. the opportunity is now very restricted for them to be able to stay as we get into the second half of the fiscal year. our recruitment has been little short of just incredible. we were given the authority in late 2006, early 2007 to grow the corps some 27,000 additional marines. when i was her

host: i want to switch gears for one second what have you here, because you are also chairman of the board of the federal reserve bank of dallas. midweek for the financial industry and president barack obama outlined his predatory overhaul of the financial system. what are your thoughts on his proposal and what specifically do you like for this light? guest: i think we needed to do something. and i think the administration is trying to touch and go right things, whether health care, global warming issues, energy policy. the one thing i do like is they at least touch at the right kinds of priorities. i think some of the manifestation has gone are right in a big way because i think special interests have really taken over in a big way. one of the things i do like is you are trying to do something with regard to systemic risk. i think one of the good things the administration has done is the back off from kind of replacing the whole structure that existed before with the fdic, ot as, etcetera, and now try to collapse the ot as an office of comptroller -- i do not know what it means all

now danys baez has switched and managers will set up their bullpen to a point where bass might have the fourth, fifth and sixth innings. once you get passed that, they'll shift gears to danys baez. once you get passed the seventh and shift gears to jim johnson and then george sherrill of course for the eighth. they have really kind of sorted out their roles down in that bullpen and it has become a very effective group of relievers. >> jim: melvin takes outside. good eye. the count to 3-1 on mora. no one on in the seventh inning. and it is outside, ball four and there is a two-out walk. so melvin is on. that is just the second walk by andrew miller who really, buck, has pitched very well at home this year for the marlins. he is 2-3 on the year. both wins have come here in miami. and his e.r.a., 3.52 at home. 6.10 on the road. >> buck: it is pretty interesting, a left-hander pitching in this ballpark because right-handers can reach the seats in right field fairly easily, but he keeps the ball down and away and utilizes the good fastball. >> jim: mora draws a throw. >> buck: we talk about nolan reimold and his patience and power and we're seeing a kind sigh now that