They are finished speaking, consistent with the regulations accompanying a tourist night 65, the staff will only meet members and witnesses as appropriate, when not recognized in order to avoid background noise. Members are reminded that all house rules, relating to order in the courtroom, apply in this hearing. This hearing is entitled Insider Trading, stock option grants, and examination of corporate integrity in the covid19 pandemic. We know that we have votes on the floor, we will not have any delays of this hearing in order to allow members to vote. If members should go vote, and return, and while we all have part of the alphabet to vote in, im sure there can be some accommodation made so that when they return you can ask questions, and vote with the others not appearing on other alphabetical characterizations. And when im voting, i believe mr. Meeks, has agreed to serve as chair until my return. I will now recognize myself for five minutes for an opening statement. Our Capital Ma
One more of a Market Structure issue. Thank you, very much. The time of the gentleman has concluded. The next two questioners, i believe are both voting, and at the suggestion of that we are going to take a ten minute recess and then we will reconvene. When epidemic first hit, my district in new jersey was in the eye of the storm. The second highest rate of cases in the country, and supply and protective gear was uncertain. Health care providers and the supplies went out of in a matter of days. I call in this administration to use the defensive protection act, americas 90 factor in the past equipment it is ready to keep fighting the pandemic. Using the da is crucial and fighting against covid, i was just surprised as many of us when the International Development finance corporation, the fc, announced that they would issue their first to be a long board, what 755 million to kodiak, who is not even a pharmaceutical component. The dpa finally you utilize for something that has left bankru
Second highest rate of cases in the world and supply of protective gear was uncertain. Some estimated supply would run out in a matter of days. Use the defense protection act to leverage the equipment to keep fighting the pandemic. Using the dpa is crucial in our fight against covid. However, i was just as surprised as many of us when the International Development finance corporation announced they would issue their first dpa loan to kodak to produce pharmaceutical components. The dpa is finally being utilized but to a company that only just recently left bankruptcy with no proof of success of pharmaceuticals, being trusted with such an important task. Frankly its not a joke. Kodak ceo purchased shares of the company, leading up to the announcement and received 1. 75 billion Stock Options from the kodak board the day before the announcement was made. These Stock Options may have been worth as much 50 million just a few days later. A letter from the committee to the s. E. C. Urging inve
Themselves after they are finished speaking to mute themselves. Members andtes witnesses as appropriate when not recognized in order to avoid background noise. Members are reminded that all house rules related to order of the court applied to this hearing. Insidering is titled, trading and stock option grants the examination of corporate integrity in the covid19 pandemic. We know we have votes on the floor. We will not have any further delays of the hearing in order to allow members to vote. Rather members should go vote haveeturn and while we all part of the alphabet to vote in, i am sure there could be some accommodation made so if it is your turn to ask questions, you can vote with others not of your same alphabetical characterization. Believe mr. Ting, i meeks has agreed to serve chair until my return. I will recognize myself for five minutes for an opening statement. System isl market unique in history. Up until 150 years ago every Business Enterprise was made up of people who kne
Myriad of platforms and around the world and live on cspan2 to Atlantic Council front page. Its our premiere live ideas platform for global leaders. Its our honor today to host the 70th secretary of state mike pompeo. Former director of the Central Intelligence agency, former member of congress, former u. S. Army officer, finished first in his class at west point, Harvard Law School graduate and much more. Im fred kemp, president and ceo of the Atlantic Council. This is a historic day. Israel, the uae and bahrain are scheduled to sign the abraham accord the first such agreement between arab countries and israel. The president will attend and Benjamin Netanyahu will sign. Secretary pompeo, we have a lot to discuss. China and your recent trips to europe and their connection to china issues. Lets start with the middle east, though i know you have a few prepared comments. My first question would be looking at the longterm implications for the u. S. In the region of this accord, how does th