Mr. Kenneth Ruane:

I wish to preface any remarks I make before the committee by saying that I am instructed by the Commissioner for the purposes of today's meeting that she is not waiving privilege but is maintaining legal privilege over all advices that I have furnished. That said, I am free to discuss any documentation furnished to the committee or any matters as to fact or legal assistance. The Deputy has asked my opinion as opposed to any legal advice that I have given-----