COMMITTEE ON COMMERCE ONE HUNDRED FOURTH CONGRESS 89-102CC JANUARY 19 AND FEBRUARY 10, 1995 Serial No. 104-2 Printed for the use of the Committee on Commerce U.S. GOVERNMENT PRINTING OFFICE For sale by the U.S. Government Printing Office Superintendent of Documents, Congressional Sales Office, Washington, DC 20402 ISBN 0-16-047282-2 COMMITTEE ON COMMERCE THOMAS J. BLILEY, JR., Virginia, Chairman CARLOS J. MOORHEAD, California, Vice Chairman JACK FIELDS, Texas J. DENNIS HASTERT, Illinois SCOTT L. KLUG, Wisconsin JAMES C. GREENWOOD, Pennsylvania TOM COBURN, Oklahoma JOHN D. DINGELL, Michigan RALPH M. HALL, Texas THOMAS J. MANTON, New York GERRY E. STUDDS, Massachusetts FRANK PALLONE, JR., New Jersey SHERROD BROWN, Ohio BLANCHE LAMBERT LINCOLN, Arkansas Elsen, Sheldon, Partner, Orans, Elsen & Lupert, New York, NY, on behalf of the Association of the Bar of the City of New York Fischel, Professor Daniel R., University of Chicago Law School 95 265 Griffin, Mark, Securities Commissioner, State of Utah, on behalf of the Joseph, Gregory, Partner, Fried, Frank, Harris, Shriver & Jacobson, New York, NY, on behalf of the Litigation Section of the American Bar 278 Kimsey, James, Chairman, America Online, Inc Lerach, William, Esquire, Milberg Weiss Bershad Hynes & Lerach Levitt, Hon. Arthur, Chairman, Securities and Exchange Commission Mineta, Hon. Norman Y., a Representative in Congress from the State Olson, John, Partner, Gibson, Dunn & Crutcher, Washington, DC, on Tauzin, Hon. W.J. (Billy), A Representative in Congress from the State Material submitted for the record by: Consumer Federation of America, Consumers Union, Public Citizen, U.S. Public Interest Research Group, and Violence Policy Center, prepared 244 294 Dingell, Hon. John D., a Representative in Congress from the State of Michigan, letter dated February 1, 1995, to Hon. Arthur Levitt, Levitt, Hon. Arthur, Chairman, Securities and Exchange Commission, letter dated February 9, 1995, to Hon. John D. Dingell, with responses Mineta, Hon. Norman Y., a Representative in Congress from the State 148 Price, Richard A., President, FGIC Capital Market Services, prepared statement of 151 (III) |