On the recordFebruary 8, 1994
As the Senator from New York has indicated, we are really up against some time realities here as you pointed out, to try and obtain the Senate Banking Committee's oversight hearings prior to February 28, knowing we have a recess that is going to be starting Friday of this week, which takes all of next week, and that leaves us just roughly 5 to 6 days in the last week of the month remaining. Of course, the statute continues to go on and we continue to communicate with the chairman of the RTC. I encourage my colleague to consider the merits of directing a communique to the oversight board and perhaps copying the letters, the correspondence that has already been sent to Mr. Altman pleading for an extension of the tolling so that no one can say they were not notified who is in a position of responsibility. Finally, let me commend my colleague, the Senator from New York and ranking member of the Banking Committee for his commitment to pursue this matter.
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