Byron Dorgan

Byron Dorgan - (D-ND)
- 1981-1992 - US House
- 1992-2011 - US Senate

1991 0227, 0507, 0509, 0523 - GOV (Senate) - Insurance Company Solvency
- [PDF-369p-GooglePlay, <No Video-227/0507 and 0523> - 0509-VIDEO-CSPAN]
1991 0522 - GOV (House) - Certain Issues Related to the Conservatorship of the Executive Life Insurance Company, aka. Executive Life Insurance Failure - [PDF-145p-GooglePlay, VIDEO-CSPAN] - John Garamendi, California Insurance Commissioner
1999 0506 - Senate Session - [Video-CSPAN]
2010 0125 - CSPAN - Senator Dorgan on Federal Reserve Chairman Ben Bernanke - Video-CSPAN
- 13:00 - Nobody Looked

-1991 0522 - GOV (House) - Certain Issues Related to the Conservatorship of the Executive Life Insurance Company, aka. Executive Life Insurance Failure - [PDF-145p-GooglePlay, VIDEO-CSPAN] - John Garamendi - California Insurance Commissioner

1999 0506 - Senate Session -
- PDF - 1999 0506 govinfo.gov/content/pkg/CRECB-1999-pt6/pdf/CRECB-1999-pt6.pdf - (p1186-1188) / (p8808-8810)
  - “Too big to fail — remember that term!”
  - And as banks get bigger, of course, we also have another doctrine.
    - The doctrine in banking at the Federal Reserve Board is called, ‘‘too big to fail.’’ Remember that term, ‘‘too big to fail.’’
    - It means at a certain level, banks get too big to fail. They cannot be allowed to fail because the consequence on the economy is catastrophic and therefore these banks are too big to fail.
    - Virtually every single merger you read about in the newspapers these days means we simply have more banks that are too big to fail.
    - That is no-fault capitalism; too big to fail.
    - Does anybody care about that? Does the Fed? Apparently not.
    - Of course the Fed has an inherent conflict of interest.
    - I think, if the Congress were thinking very clearly about the Federal Reserve Board, they would decide immediately that the Federal Reserve Board is not the locus of supervision of banks.
  - I say the worst possible position is to not be able to win and not be able to talk. (p1189 /8810)
  - Gramm-Leach-Bliley Act of 1999-Part 1 - [link]
  - Gramm-Leach-Bliley Act of 1999-Part 2 - [link]

- [VIDEO-CSPAN]
  - Byron Dorgan (D-ND) - (04:40:00 - 05:28:00)
    - 04:40:00 - Wrong Bill, Wrong Time. History, Same Roof, tax-payer Bailouts, monitoring activities, Safety and Soundness, Consumer Protection concerns, Chart of Big Bank Mergers in last year, Too Big to Fail, make dumb decisions, List of Banks at Federal Reserve Board,
    - 04:49:00 - Long Term Capital Management - Fortune Article
    - Terrible Bill, Moving Country in the wrong direction
    - Article Written
    - 05:03:00
      - 1994 0518 - GAO - Finanial Derivatives: Actions Needed to Protect the Financial System - GGD-94-133 - 200p
    - New Category - Financial Holding Company
    - 05:06:00 - Savings and Loan Bailout
    - 05:07:00 - Japan
    - Give Pause, Red Flag, Conflict of Interest for Federal Reserve?
    - 05:18:00 - Derivatives,
    - 05:20:00 - Junk Bonds, Drexel, Savings and Loans