ChristianHugD/because · Datasets at Hugging Face

index stringlengths 1 3	tokens listlengths 7 100	labels listlengths 7 100
0	[ "We", "have", "gotten", "the", "agreement", "of", "the", "Chairman", "and", "the", "Secretary", ",", "preliminary", "to", "any", "opening", "statements", ",", "to", "stay", "until", "1", "p", ".", "m", ".", "We", "will", "probably", "have", "some", "vote...	[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 1, 2, 2, 2, 2, 2, 0, 0, 3, 4, 4, 4, 4, 0 ]
1	[ "Where", "there", "was", "a", "strong", "argument", "as", "recently", "as", "November", "of", "2006", "that", "we", "had", "been", "over", "-", "regulating", "the", "financial", "system", ",", "I", "believe", "the", "evidence", "is", "now", "clear", "that"...	[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 3, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 0, 0, 0, 0, 0, 1, 2, 2, 2, 0 ]
2	[ "And", ",", "what", "we", "now", "have", "is", "a", "contagion", ",", "because", "people", "who", "bought", "loans", "in", "various", "forms", "that", "they", "shouldn", "'", "t", "have", "bought", "are", "now", "resistant", "to", "buying", "things", "th...	[ 0, 0, 3, 4, 4, 4, 4, 4, 4, 0, 0, 1, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 0 ]
3	[ "It", "is", "my", "expectation", "that", "the", "leaders", "of", "these", "agencies", "will", "appear", "at", "a", "subsequent", "hearing", "with", "their", "comments", "and", "that", "will", "supplement", "our", "understanding", "and", "the", "testimony", "we...	[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 1, 2, 2, 2, 2, 2, 2, 0, 0, 0, 0, 0, 0, 3, 0, 0, 3...
4	[ "However", ",", "these", "regulations", "should", "not", "and", "cannot", "ensure", "that", "institutions", "will", "never", "fail", "." ]	[ 0, 0, 1, 2, 0, 0, 0, 0, 0, 3, 4, 4, 4, 4, 0 ]
5	[ "Thanks", "to", "the", "fast", "action", "of", "the", "Federal", "Reserve", "in", "cooperation", "with", "the", "SEC", "and", "the", "Treasury", ",", "we", "dodged", "a", "bullet", "when", "Bear", "Stearns", "collapsed", "." ]	[ 0, 0, 1, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 0, 3, 4, 4, 4, 4, 4, 4, 4, 0 ]
6	[ "The", "regulatory", "regime", "we", "establish", "and", "follow", "must", "accomplish", "three", "things", ":", "ensure", "market", "discipline", ";", "provide", "a", "shock", "absorber", "against", "systemic", "risk", ";", "and", ",", "first", "and", "foremo...	[ 1, 2, 2, 2, 2, 2, 2, 0, 0, 0, 0, 0, 0, 3, 4, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]
7	[ "In", "this", "case", ",", "it", "seems", "clear", "to", "me", "that", "it", "is", "the", "Financial", "Institutions", "Subcommittee", "that", "is", "the", "developing", "subcommittee", "so", "that", "is", "how", "we", "will", "proceed", "." ]	[ 0, 0, 0, 0, 1, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 0, 3, 4, 4, 4, 4, 4, 0 ]
8	[ "Without", "a", "Federal", "repository", "to", "collect", "and", "analyze", "information", "on", "insurance", "issues", ",", "we", "cannot", "fully", "understand", "and", "control", "systemic", "risk", "." ]	[ 0, 1, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 0, 3, 4, 4, 4, 4, 4, 4, 4, 0 ]
9	[ "The", "Roundtable", "proposal", "would", "also", "expand", "the", "authority", "of", "the", "Federal", "Reserve", "so", "that", "investment", "banks", "who", "borrow", "from", "the", "Fed", "'", "s", "discount", "window", "in", "various", "facilities", "do", ...	[ 3, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 0, 0, 1, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 0 ]
10	[ "While", "many", "concur", "that", "the", "Federal", "Reserve", "'", "s", "move", "to", "bail", "out", "Bear", "Stearns", "in", "March", "of", "this", "year", "was", "necessary", "to", "prevent", "a", "financial", "meltdown", ",", "most", "also", "agree", ...	[ 0, 0, 0, 0, 1, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 0, 0, 0, 3, 4, 4, 4, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]
11	[ "Taxpayers", "cannot", "be", "asked", "to", "bail", "out", "financial", "institutions", ",", "and", "we", "should", "look", "for", "ways", "to", "prevent", "such", "dire", "situations", "from", "arising", "in", "the", "future", "." ]	[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 1, 0, 0, 0, 0, 0, 0, 3, 4, 4, 0, 3, 4, 4, 4, 0 ]
12	[ "Your", "steady", "leadership", "is", "helping", "us", "weather", "the", "storm", "that", "our", "markets", "and", "our", "economy", "are", "experiencing", "." ]	[ 1, 2, 2, 0, 0, 3, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 0 ]
13	[ "And", "Chairman", "Bernanke", ",", "the", "Federal", "Reserve", "'", "s", "actions", "continue", "to", "help", "preserve", "confidence", "and", "bring", "stability", "to", "our", "financial", "markets", "and", "institutions", "." ]	[ 0, 0, 0, 0, 1, 2, 2, 2, 2, 2, 0, 0, 0, 3, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 0 ]
14	[ "Can", "a", "Federal", "regulator", "or", "regulators", "monitor", "specific", "indicators", "that", "will", "flag", "weaknesses", "within", "individual", ",", "financial", "institutions", "and", "prevent", "another", "Bear", "Stearns", "?" ]	[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 1, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 3, 4, 4, 0 ]
15	[ "And", ",", "I", "think", ",", "Mr", ".", "Paulson", ",", "that", "you", "have", "about", "125", "years", "on", "Mr", ".", "Bernanke", ",", "so", "we", "will", "begin", "with", "you", "." ]	[ 0, 0, 1, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 0, 0, 3, 4, 4, 4, 4, 0 ]
16	[ "And", "our", "seamless", "cooperation", "to", "achieve", "it", "is", "made", "possible", "by", "the", "leadership", "and", "support", "provided", "by", "this", "committee", "and", "by", "other", "leaders", "in", "Congress", "." ]	[ 0, 3, 4, 4, 4, 4, 4, 0, 0, 3, 0, 1, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 0 ]
17	[ "But", "we", "will", "ultimately", "emerge", "with", "strong", "capital", "markets", ",", "which", "will", "in", "turn", "enable", "our", "economy", "to", "continue", "to", "grow", "." ]	[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 1, 0, 0, 0, 0, 3, 4, 0, 3, 4, 4, 0 ]
18	[ "A", "major", "advantage", "of", "this", "structure", "is", "its", "timelessness", "and", "its", "flexibility", ",", "and", "that", "because", "it", "is", "organized", "by", "a", "regulatory", "objective", "rather", "than", "by", "financial", "institution", "c...	[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 1, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 0, 3, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 0 ]
19	[ "The", "Blueprint", "includes", "recommendations", "on", "a", "number", "of", "intermediate", "steps", "as", "well", ",", "focusing", "on", "payment", "and", "settlement", "systems", "in", "areas", "such", "as", "futures", "and", "securities", ",", "where", "o...	[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 1, 2, 2, 0, 0, 3, 4, 0 ]
20	[ "We", "also", "recommend", "the", "creation", "of", "a", "Federal", "charter", "for", "systemically", "important", "payment", "and", "settlement", "systems", ",", "and", "that", "these", "systems", "should", "be", "overseen", "by", "the", "Federal", "Reserve", ...	[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 3, 4, 4, 4, 4, 4, 4, 4, 4, 0, 0, 0, 1, 2, 2, 2, 2, 2, 2, 2, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]
21	[ "For", "market", "discipline", "to", "be", "effective", ",", "market", "participants", "must", "not", "expect", "that", "lending", "from", "the", "Fed", "or", "any", "other", "government", "support", "is", "readily", "available", "." ]	[ 0, 3, 4, 0, 3, 4, 0, 1, 2, 0, 1, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 0 ]
22	[ "For", "market", "discipline", "to", "effectively", "constrain", "risk", ",", "financial", "institutions", "must", "be", "allowed", "to", "fail", "." ]	[ 0, 3, 4, 0, 3, 4, 4, 0, 1, 2, 0, 1, 2, 2, 2, 0 ]
23	[ "Today", ",", "two", "concerns", "underpin", "expectations", "of", "regulatory", "intervention", "to", "prevent", "a", "failure", "." ]	[ 0, 0, 0, 0, 0, 0, 0, 1, 2, 0, 0, 3, 4, 0 ]
24	[ "A", "very", "large", "part", "of", "our", "problem", "is", "that", "we", "have", "not", "yet", "found", "sufficient", "replacement", "for", "the", "discipline", "of", "a", "lender", "not", "lending", "to", "a", "borrower", "unless", "the", "lender", "is",...	[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 3, 4, 4, 4, 4, 4, 4, 0, 1, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 0 ]
25	[ "But", "we", "must", "develop", "innovative", ",", "regulatory", "and", "oversight", "responses", "to", "keep", "pace", "as", "these", "market", "transactions", "evolve", "." ]	[ 0, 3, 4, 4, 4, 4, 4, 4, 4, 4, 0, 1, 2, 2, 2, 2, 2, 2, 0 ]
26	[ "It", "is", "clear", "that", "some", "institutions", ",", "if", "they", "fail", ",", "can", "have", "a", "systemic", "impact", "." ]	[ 0, 0, 0, 0, 3, 4, 0, 0, 1, 2, 0, 3, 4, 4, 4, 4, 0 ]
27	[ "To", "do", "this", ",", "we", "will", "need", "to", "give", "our", "regulators", "additional", "emergency", "authority", "to", "limit", "temporary", "disruptions", "." ]	[ 0, 3, 4, 0, 1, 0, 0, 0, 1, 2, 2, 2, 2, 2, 2, 2, 2, 2, 0 ]
28	[ "These", "authorities", "should", "be", "flexible", ",", "and", "to", "reinforce", "market", "discipline", ",", "the", "trigger", "for", "invoking", "such", "authority", "should", "be", "very", "high", ",", "such", "as", "a", "bankruptcy", "filing", "." ]	[ 0, 0, 0, 0, 0, 0, 0, 0, 1, 2, 2, 0, 3, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 0 ]
29	[ "Mr", ".", "Bachus", ":", "I", "thank", "the", "chairman", "for", "holding", "this", "hearing", "on", "systemic", "risk", "and", "the", "appropriate", "regulatory", "responses", "to", "managing", "that", "risk", "and", "I", "know", "there", "will", "be", "...	[ 0, 0, 0, 0, 3, 4, 4, 4, 0, 1, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]
30	[ "But", "now", "that", "the", "immediate", "crisis", "created", "by", "the", "run", "on", "Bear", "Stearns", "has", "passed", ",", "we", "face", "some", "difficult", ",", "long", "-", "term", "policy", "questions", "." ]	[ 0, 0, 0, 3, 4, 4, 0, 0, 1, 2, 2, 2, 2, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]
31	[ "Your", "responsiveness", "to", "the", "letter", "submitted", "in", "April", "by", "Mr", ".", "Garrett", ",", "Ranking", "Member", "Bachus", ",", "and", "more", "than", "a", "dozen", "of", "us", "on", "this", "side", "of", "the", "aisle", "is", "very", ...	[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 3, 4, 4, 0, 1, 2, 2, 2, 2, 0 ]
32	[ "First", ",", "Americans", "have", "come", "to", "expect", "the", "Federal", "Reserve", "to", "step", "in", "to", "avert", "events", "that", "pose", "unacceptable", "systemic", "risk", "." ]	[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 3, 4, 0, 1, 2, 2, 2, 2, 2, 2, 0 ]
33	[ "Looking", "beyond", "immediate", "market", "challenges", ",", "last", "week", "I", "laid", "out", "my", "proposals", "for", "creating", "a", "resolution", "process", "that", "ensures", "the", "financial", "system", "can", "withstand", "the", "failure", "of", ...	[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 1, 0, 3, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 0 ]
34	[ "Chairman", "Frank", ",", "Ranking", "Member", "Bachus", ",", "and", "other", "members", "of", "the", "committee", ",", "I", "am", "pleased", "to", "be", "here", "today", "to", "discuss", "financial", "regulation", "and", "financial", "stability", "." ]	[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 3, 4, 4, 0, 1, 2, 2, 2, 2, 2, 0 ]
35	[ "Notably", ",", "recent", "events", "have", "led", "the", "Basel", "Committee", "on", "Banking", "Supervision", "to", "consider", "higher", "capital", "charges", "for", "such", "items", "as", "certain", "complex", "structured", "credit", "products", ",", "assets...	[ 0, 0, 1, 2, 0, 0, 3, 4, 4, 4, 4, 4, 0, 3, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 0 ]
36	[ "Regarding", "implementation", ",", "the", "recent", "reports", "have", "stressed", "the", "need", "for", "supervisors", "to", "insist", "on", "strong", "risk", "measurement", "and", "risk", "management", "practices", "that", "allow", "managers", "to", "assess", ...	[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 1, 0, 3, 0, 3, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 0 ]
37	[ "To", "formalize", "our", "effective", "working", "relationship", ",", "the", "SEC", "and", "the", "Federal", "Reserve", "this", "week", "agreed", "to", "a", "memorandum", "of", "understanding", "." ]	[ 0, 1, 2, 2, 2, 2, 0, 3, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 0 ]
38	[ "In", "the", "longer", "term", ",", "however", ",", "legislation", "may", "be", "needed", "to", "provide", "a", "more", "robust", "framework", "for", "prudential", "supervision", "of", "investment", "banks", "and", "other", "securities", "dealers", "." ]	[ 0, 0, 0, 0, 0, 0, 0, 3, 0, 0, 0, 0, 1, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 0 ]
39	[ "At", "the", "same", "time", ",", "reforms", "in", "the", "oversight", "of", "these", "firms", "must", "recognize", "the", "distinctive", "features", "of", "investment", "banking", "and", "take", "care", "neither", "to", "unduly", "inhibit", "innovation", ",",...	[ 0, 0, 0, 0, 0, 1, 2, 2, 2, 2, 2, 2, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 3, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 0 ]
40	[ "The", "MOU", "recently", "finalized", "between", "the", "SEC", "and", "the", "Federal", "Reserve", "is", "consistent", "with", "this", "long", "-", "term", "vision", "of", "the", "Blueprint", ",", "and", "should", "help", "inform", "future", "decisions", ",...	[ 1, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 3, 4, 4, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]
41	[ "Because", "the", "resolution", "of", "a", "failing", "securities", "firm", "might", "have", "fiscal", "implications", ",", "it", "would", "be", "appropriate", "for", "the", "Treasury", "to", "take", "a", "leading", "role", "in", "any", "such", "process", ",...	[ 0, 1, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 0, 3, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 0 ]
42	[ "Let", "me", "begin", "with", "the", "Secretary", ",", "because", "I", "was", "pleased", "to", "note", "in", "your", "statement", "that", "you", "understand", "that", "the", "regulator", "at", "OFHEO", ",", "of", "Fannie", "Mae", "and", "Freddie", "Mac", ...	[ 3, 4, 4, 4, 4, 4, 0, 0, 1, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 0 ]
43	[ "And", "I", "agree", "with", "both", "of", "you", ",", "that", "in", "order", "to", "do", "that", ",", "the", "Federal", "Reserve", "needs", "more", "power", "." ]	[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 1, 2, 0, 3, 4, 4, 4, 4, 4, 0 ]
44	[ "But", "there", "does", "seem", "to", "me", "to", "be", "emerging", "a", "consensus", "that", "we", "need", "a", "regulator", "concerned", "with", "threats", "to", "the", "systemic", "stability", "of", "the", "economy", ",", "that", "come", "from", "uncons...	[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 3, 0, 0, 1, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 0 ]
45	[ "In", "particular", ",", "in", "light", "of", "the", "Bear", "Stearns", "episode", ",", "the", "Congress", "may", "wish", "to", "consider", "whether", "new", "tools", "are", "needed", "for", "ensuring", "an", "orderly", "liquidation", "of", "a", "systemicall...	[ 0, 0, 0, 0, 0, 0, 1, 2, 2, 2, 0, 3, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 0 ]
46	[ "To", "be", "sure", ",", "securities", "firms", "differ", "significantly", "from", "commercial", "banks", "in", "their", "financing", ",", "business", "models", ",", "and", "in", "other", "ways", ",", "so", "the", "fiducial", "rules", "are", "not", "directly...	[ 0, 0, 0, 0, 1, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 0, 0, 3, 4, 4, 4, 4, 4, 4, 4, 4, 4, 0 ]
47	[ "The", "logical", "extension", "of", "this", "too", "big", "to", "fail", "perception", "is", "that", "markets", "no", "longer", "work", "and", "that", "the", "government", "must", "not", "only", "exercise", "greater", "control", "of", "our", "capital", "mark...	[ 0, 0, 0, 0, 0, 1, 2, 0, 3, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]
48	[ "The", "Chairman", ":", "I", "'", "m", "going", "to", "break", "my", "own", "rule", "just", "to", "make", "one", "statement", ",", "because", "I", "gather", "what", "you", "'", "re", "saying", "is", ",", "it", "is", "better", "in", "this", "very", ...	[ 0, 0, 0, 0, 0, 0, 0, 0, 3, 4, 4, 4, 0, 0, 1, 2, 2, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]
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54	[ "And", ",", "obviously", ",", "we", "are", "not", "going", "to", "completely", "finish", "in", "5", "minutes", ",", "but", "no", "question", "can", "be", "asked", "after", "the", "5", "minutes", "have", "expired", "." ]	[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 3, 4, 4, 4, 4, 0, 1, 2, 2, 2, 2, 0 ]
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56	[ "Under", "the", "rules", "that", "apply", "when", "we", "have", "cabinet", "and", "cabinet", "-", "level", "officials", ",", "there", "are", "two", "opening", "statements", "on", "each", "side", ",", "the", "chairs", "and", "ranking", "members", "of", "the...	[ 0, 0, 0, 3, 4, 0, 1, 2, 2, 2, 2, 2, 2, 2, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]
57	[ "When", "I", "was", "about", "to", "become", "chairman", "of", "this", "committee", "in", "2006", ",", "I", "was", "told", "by", "a", "wide", "range", "of", "people", "that", "our", "agenda", "should", "be", "that", "of", "further", "deregulating", "." ]	[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]
58	[ "It", "is", "clear", "that", "this", "needs", "to", "be", "done", "in", "the", "context", "of", "international", "cooperation", ",", "and", "I", "am", "encouraged", "to", "believe", ",", "and", "the", "first", "trip", "this", "committee", "took", "when", ...	[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]
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60	[ "We", "have", "had", "too", "many", "loans", "made", "without", "sufficient", "attention", "to", "whether", "or", "not", "the", "loans", "could", "be", "repaid", "." ]	[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]
61	[ "In", "conclusion", ",", "of", "necessity", "we", "have", "to", "plan", "for", "how", "to", "handle", "the", "failure", "of", "a", "major", "institution", "." ]	[ 0, 0, 0, 0, 1, 3, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 0 ]
62	[ "Mr", ".", "Kanjorski", ":", "Mr", ".", "Chairman", ",", "this", "hearing", "comes", "at", "a", "critical", "juncture", "." ]	[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]
63	[ "No", "one", "else", "can", "borrow", "money", "without", "conditions", ",", "and", "the", "American", "people", "do", "not", "expect", "that", "the", "investment", "bank", "be", "allowed", "to", "do", "so", "." ]	[ 3, 4, 4, 4, 4, 4, 0, 1, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]
64	[ "Chairman", "Bernanke", "spoke", "2", "days", "ago", "and", "raised", "many", "of", "these", "issues", "and", "offered", "ideas", "for", "consideration", ",", "noting", "that", "the", "financial", "turmoil", "since", "August", "underscores", "the", "need", "to...	[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]
65	[ "Mrs", ".", "Biggert", ":", "Thank", "you", ",", "Mr", ".", "Chairman", ",", "and", "thank", "you", "for", "holding", "today", "'", "s", "hearing", "on", "systemic", "risk", "." ]	[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 3, 4, 0, 1, 2, 2, 2, 2, 2, 2, 2, 0 ]
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67	[ "As", "you", "know", ",", "our", "financial", "markets", "have", "been", "experiencing", "turmoil", "since", "last", "August", "." ]	[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]
68	[ "It", "will", "take", "additional", "time", "to", "work", "through", "these", "challenges", "." ]	[ 0, 0, 0, 1, 2, 0, 3, 4, 4, 4, 0 ]
69	[ "Their", "regulator", "has", "made", "clear", "that", "they", "are", "adequately", "capitalized", "." ]	[ 1, 2, 0, 0, 3, 4, 4, 4, 4, 4, 0 ]
70	[ "I", "look", "forward", "to", "discussing", "these", "ideas", "with", "you", "today", ",", "even", "as", "we", "continue", "our", "primary", "focus", "on", "confronting", "current", "challenges", "and", "maintaining", "stable", ",", "orderly", "financial", "ma...	[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]
71	[ "Secretary", "Paulson", ":", "When", "we", "released", "the", "Blueprint", ",", "I", "said", "that", "we", "were", "laying", "out", "a", "long", "-", "term", "vision", "that", "would", "not", "be", "implemented", "soon", "." ]	[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]
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73	[ "For", "example", ",", "since", "September", "2005", ",", "the", "Federal", "Reserve", "Bank", "of", "New", "York", "has", "been", "leading", "a", "major", "joint", "initiative", "by", "both", "the", "public", "and", "private", "sectors", "to", "improve", ...	[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]
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75	[ "A", "situation", "in", "which", "the", "Federal", "Reserve", "is", "available", "and", "is", "under", "pressure", "to", "provide", "funding", ",", "but", "does", "not", "have", "the", "ability", "to", "act", "well", "before", "that", "time", "to", "dimini...	[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]
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77	[ "It", "is", "important", ",", "however", ",", "that", "we", "create", "a", "system", "focused", "not", "on", "failure", ",", "but", "on", "success", "." ]	[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]
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79	[ "We", "will", "allow", "the", "answers", "to", "conclude", "." ]	[ 0, 0, 0, 0, 0, 0, 0, 0 ]
80	[ "Thank", "you", ",", "Mr", ".", "Chairman", ",", "for", "holding", "this", "hearing", ",", "and", "thank", "you", "to", "our", "witnesses", "." ]	[ 3, 4, 4, 4, 4, 4, 0, 0, 1, 2, 2, 0, 0, 0, 0, 0, 0, 0, 0 ]
81	[ "To", "the", "extent", "that", "we", "can", "glean", "further", "insight", "from", "our", "panelists", "today", ",", "that", "would", "be", "of", "tremendous", "help", ",", "for", "it", "is", "true", "that", "speculators", "bear", "blame", "." ]	[ 3, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 0, 0, 1, 2, 2, 2, 2, 2, 2, 0 ]
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83	[ "The", "financial", "turmoil", "that", "began", "last", "summer", "has", "impeded", "the", "ability", "of", "the", "financial", "system", "to", "perform", "its", "normal", "functions", "and", "has", "adversely", "affected", "the", "broader", "economy", "." ]	[ 1, 2, 2, 2, 2, 2, 2, 0, 0, 3, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 0, 0, 0, 0, 0, 0, 0, 0 ]
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86	[ "Secretary", "Paulson", ":", "Mr", ".", "Chairman", ",", "let", "me", "respond", "by", "saying", "first", "of", "all", ",", "the", "role", "of", "the", "Fed", "as", "a", "macro", "stability", "regulator", "will", "take", "time", "to", "think", "through",...	[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]
87	[ "That", "will", "clearly", "take", "some", "time", "to", "consider", "and", "to", "get", "the", "legislation", "through", "." ]	[ 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0 ]
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89	[ "But", "that", "will", "take", "some", "time", "." ]	[ 0, 0, 0, 0, 0, 0, 0 ]
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93	[ "We", "have", "encouraged", ",", "both", "of", "our", "organizations", "have", "encouraged", "financial", "institutions", "to", "recognize", "losses", "and", "to", "raise", "capital", ",", "because", "capital", "is", "available", ",", "and", "that", "is", "a",...	[ 3, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 4, 0, 0, 1, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 2, 0 ]
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69

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[ "We", "will", "allow", "the", "answers", "to", "conclude", "." ]

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80

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83

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