Thank you.
Before I ask questions of our guests I'd like to thank you all for attending this morning.
You know, it's rather interesting. I heard my friend Ms. Coady talk about what a delight it was to have you here today and how much she appreciated your service. I know that to be a sincere comment, and I appreciate that. Then I heard a colleague who I hold in regard, and as he asked questions of you, I frankly was shocked and sincerely disappointed. I heard comments such as “Why has your department patently failed?” I heard a second comment: “Why shouldn't this committee hold your department in contempt?”
It's no small wonder sometimes that when people come in front of this committee they're not sure what they're going to get. I have not heard such badgering, intimidation of the highest order, and maligning of what I deem to be our dedicated public service. I am disappointed about that this morning. I have to share that with you.
I do appreciate the work you do, and I know people around this table appreciate what you do. The absolute intimidation is not acceptable, from my perspective--my standard. I would hope that we, as a committee, can ask serious questions in a serious and thoughtful way.
If I might, Mr. Conrad, you've taken the brunt of the questions this morning, and I think you've held your head up high. Could I ask you to focus on this issue of legacy funds? It is a question that's come back time and again. How do you define a legacy fund, sir?