SPEAKER INDEX    CONTENTS   INSERTS   
CHAIRMAN         8     18     19     20     23     25  
DINAN           26     39     40     42     49     50     56     57     58  
HART            50     51  
JONES OF OHIO     7  
LACKRITZ        28     38     42     43     44     45     47     48     50  
                51     52  
LAFALCE          3     20     21     22     23     36  
MALONEY OF NEW YORK    36     37     38     39  
NAZARETH        14     18     19     20     21     25  
OLSON            8     18     21  
OXLEY            1      5      7     10     14     17     25  
PETROU          32     33     37     38     44     45     46     47     50  
                53     54     55  
QUARLES         11     19     22     23  
SHADEGG         46     47     48     49  
SHAYS           28     32     35     36     39     40     42     43     44  
                45     46     49     51     52     53     54     55     56  
                57     58  
SHERMAN          5      7  
WATT            24  

CONTENTS    SPEAKERS   INSERTS   
STATEMENT OF HON. MARK OLSON, GOVERNOR, FEDERAL RESERVE BOARD
                                                                 PAGE     8

STATEMENT OF RANDY K.QUARLES, ASSISTANT SECRETARY FOR INTERNATIONAL AFFAIRS, U.S. TREASURY 
DEPARTMENT
                                                                 PAGE    10

STATEMENT OF ANNETTE NAZARETH, DIRECTOR, DIVISION OF MARKET REGULATION, U.S. SECURITIES AND 
EXCHANGE COMMISSION
                                                                 PAGE    14

STATEMENTS OF PROFESSOR DESMOND DINAN, JEAN MONNET PROFESSOR OF PUBLIC POLICY, GEORGE MASON 
UNIVERSITY 
                                                                 PAGE    26

STATEMENT OF MARC LACKRITZ PRESIDENT, SECURITIES INDUSTRY ASSOCIATION
                                                                 PAGE    28

STATEMENT OF KAREN SHAW PETROU, MANAGING PARTNER, FEDERAL FINANCIAL ANALYTICS
                                                                 PAGE    33


INSERTS    SPEAKERS   CONTENTS   
NO INSERTS IN THIS HEARING