Chesley Sullenberger

After high school in 1969, I was appointed to the Air Force Academy. In '73, I studied for my postgraduate degree and became a USAF pilot in 1974. After my discharge in 1980, I became a commercial pilot and flew my first airline flight at Pacific Southwest Airlines in 1980.

Well, there's no question that the law passed in 1996 was flawed. It deregulated the wholesale market, meaning the price that the utilities had to pay energy companies for power, but not the retail market.

Leverage is great when it works, and when it doesn't work, it creates a lot of issues. So I think if you limit the amount of leverage that people can borrow, or that banks can borrow, I think you'll find that you'll have a lot less issues going forward.