Statement of The Honorable Michael G. Oxley Of Counsel, Baker Hostetler

WASHINGTON, March 31 /PRNewswire-USNewswire/ -- The Treasury blueprint is
the first take on an effort that is likely to transform the financial
regulatory structure for the 21st Century. It is a thoughtful,
forward-looking approach that recognizes changing markets and changing times.
The structure that has emerged over much of the 20th Century has been
something of a Rube Goldberg affair. If you look at the history, you see a
regulatory lurch each time we took a punch in the gut from a scandal.
The challenge for all involved will be to leave behind the simplistic
notions of more or less regulation being weaker or stronger. Our challenge
will be to think in a new way and to create oversight that is nimble and
efficient.
SOURCE Baker Hostetler

Susan Kenney of MWW Group, +1-201-507-9500, skenney@mww.com; or Peggy Peterson
for Baker Hostetler, +1-202-861-1691, ppeterson@bakerlaw.com