Senator Jon Kyl, the Senate's number two Republican and a senior member of that chamber's Finance Committee found the conclusions of the Yerushalmi memo to be sufficiently alarming that in August he sought official reactions to its findings from Bob Kimmitt's boss, Treasury Secretary Henry Paulson, SEC Chairman Chris Cox, Federal Reserve Chairman Ben Bernanke and Attorney General Michael Mukasey.

CENTERFORSECURITYPOLICY: Sell-off or Sell-out?