SPEAKER INDEX CONTENTS INSERTS BARR 25 BENTSEN 61 62 63 CAPITO 22 CROWLEY 100 102 103 DOBSON 83 89 96 97 101 ELLIG 75 76 89 90 101 FORD 58 60 61 HUNT 29 34 40 41 43 44 45 48 49 50 51 52 58 60 62 63 64 66 67 INSLEE 11 JACKSON 35 42 52 53 54 55 56 57 65 66 JONES 64 65 66 67 68 KELLY 34 35 39 40 41 42 KELLY: [PRESIDING] 34 LAFALCE 4 LEE 23 MALONEY 91 92 93 95 MILLER 17 45 48 49 53 OXLEY 1 7 11 14 16 19 22 23 25 27 29 58 61 64 68 73 74 75 76 79 83 87 88 89 90 91 95 100 104 SANDERS 14 SCHAKOWSKY 20 54 55 57 58 SMITH 69 73 89 93 WATERS 7 11 42 43 44 45 49 95 96 97 98 99 WATT 27 49 50 51 52 53 WOLAK 79 87 88 90 92 94 98 99 103 CONTENTS SPEAKERS INSERTS STATEMENT OF HON. ISAAC C. HUNT JR., COMMISSIONER, U.S. SECURITIES AND EXCHANGE COMMISSION PAGE 29 STATEMENT OF HON. ALPHONSO JACKSON, JR., DEPUTY SECRETARY, U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. PAGE 34 STATEMENT OF VERNON L. SMITH, Ph.D., REGENT'S PROFESSOR OF ECONOMICS; DIRECTOR, ECONOMIC SCIENCE LABORATORY, UNIVERSITY OF ARIZONA PAGE 68 STATEMENT OF JERRY ELLIG, Ph.D., SENIOR RESEARCH FELLOW, MERCATUS CENTER, GEORGE MASON UNIVERSITY PAGE 74 STATEMENT OF DR. FRANK A. WOLAK, PROFESSOR OF ECONOMICS, STANFORD UNIVERSITY; CHAIRMAN, MARKET SURVEILLANCE COMMITTEE, CALIFORNIA INDEPENDENT SYSTEM OPERATOR PAGE 79 STATEMENT OF JAMES L. DOBSON, CFA, MANAGING DIRECTOR, DEUTSCHE BANC ALEX. BROWN PAGE 83 INSERTS SPEAKERS CONTENTS NO INSERTS IN THIS HEARING