SPEAKER INDEX    CONTENTS   INSERTS   
BENTSEN         89     91  
BEREUTER        13     31     32     33     34     44     45     52     56  
                59     64     68     71     72     75     80     83     86  
                87     88     89     92     93  
GHIGLIERI       65  
HOVE            56     87     88  
KILPATRICK      41     42     43     44  
KWALWASSER      75     88  
LAFALCE         34     35     36     45  
LUDWIG          52     81     87     92  
MALONEY OF NEW YORK    14  
MCCOLLUM        36     37  
MCCOOL          15     22     23     24     27     28     29     30     32  
                33     35     36     37     39     40     41     42     43  
                44  
PHILLIPS        47     82     84  
RETSINAS        60  
RICHARDS        68     85     91     92  
ROUKEMA          8     13     14     21     23     24     25     30     31  
                34     36     38     39     41  
SIBEARS         72     93  
VENTO           11     26     27     28     29     30     31     80     82  
                83     85     86  
WATT            14     34     38     39     40     41  
WESTIN          25  
WEYGAND         45  

CONTENTS    SPEAKERS   INSERTS   
STATEMENT OF THOMAS J. McCOOL, DIRECTOR, FINANCIAL INSTITUTIONS AND MARKETS ISSUES, GENERAL 
GOVERNMENT DIVISION, U.S. GENERAL ACCOUNTING OFFICE; ACCOMPANIED BY SUSAN WESTIN, ASSOCIATE 
DIRECTOR 
                                                                 PAGE    15

STATEMENT OF HON. SUSAN M. PHILLIPS, MEMBER, BOARD OF GOVERNORS, FEDERAL RESERVE SYSTEM
                                                                 PAGE    47

STATEMENT OF HON. EUGENE A. LUDWIG, COMPTROLLER, OFFICE OF THE COMPTROLLER OF THE CURRENCY
                                                                 PAGE    52

STATEMENT OF HON. ANDREW C. HOVE, JR., ACTING CHAIRMAN, FEDERAL DEPOSIT INSURANCE CORPORATION
                                                                 PAGE    56

STATEMENT OF HON. NICOLAS RETSINAS, ACTING DIRECTOR, OFFICE OF THRIFT SUPERVISION
                                                                 PAGE    60

STATEMENT OF CATHERINE A. GHIGLIERI, BANKING COMMISSIONER, STATE OF TEXAS
                                                                 PAGE    65

STATEMENT OF LORI A. RICHARDS, DIRECTOR, OFFICE OF COMPLIANCE INSPECTIONS AND EXAMINATIONS, U.S. 
SECURITIES AND EXCHANGE COMMISSION
                                                                 PAGE    68

STATEMENT OF DANIEL M. SIBEARS, VICE PRESIDENT, MEMBER REGULATION, NATIONAL ASSOCIATION OF 
SECURITIES DEALERS
                                                                 PAGE    72

STATEMENT OF EDWARD A. KWALWASSER, GROUP EXECUTIVE VICE PRESIDENT, REGULATION, NEW YORK STOCK 
EXCHANGE 
                                                                 PAGE    75


INSERTS    SPEAKERS   CONTENTS   
NO INSERTS IN THIS HEARING