| 00:00:00 | THAT WRITES BILLS -- MR. |
| 00:00:03 | FRANK: WE VOTE ON BILLS. |
| 00:00:04 | THEY WRITE THEM. |
| 00:00:05 | MR. |
| 00:00:07 | SHERMAN: THE SECOND PROVISION I WOULD LIKE TO CLARIFY IS SECTION 12B3 AND THIS PROHIBITS THE GRANTING OF STOCK OPTIONS AND PROHIBITS A BONUS EVEN IF THAT BONUS IS REFERRED TO AS A RETENTION PAYMENT. |
| 00:00:23 | MR. FRANK: IT COULD BE IN CROWN VICTORIAS, STOCK OR ANYTHING ELSE. |
| 00:00:28 | WE EMPOWER THE ADMINISTRATOR -- I WANT TO COMMENT, THE GENTLEMAN FROM VIRGINIA, THE PRESIDENT IS GIVEN THE POWER TO APPOINT SOMEONE WITH GREAT POWER |
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