1:03:55 to 1:04:16( Edit History Discussion )

John Ensign: complex undertaking yet for the tarp and by far, the riskiest use of tarp funds to date. let us not make the same mistakes with this ppip program that we have made with the rest of the tarp funds so far. our amendment would establish

1:04:17 to 1:04:20( Edit History Discussion )

John Kerry: key oversight, transparency, and conflict-of-interest safeguards

1:04:21 to 1:04:41( Edit History Discussion )

John Ensign: before any of thi would begin. not afterwards. our amendment will impose strict conflict-of-interest rules to prevent these ppip fund managers from inappropriately using the program to benefit themselves or their clien it will require that these rules

1:04:42 to 1:04:45( Edit History Discussion )

John Kerry: be in place before any government funds can be used in

1:04:46 to 1:05:06( Edit History Discussion )

John Ensign: the new program. the amendment requires rigorous investing screening, investor screening procedures and robust ethics policies for the public-private investment funds. it will require treasury to issue regulations governing how