Political Quotes

On the recordFebruary 7, 1994
I think, if you boil this dialog down to one simple thing, it is simply asking Mr. Altman as interim CEO of the Resolution Trust Corporation to come forward and simply extend the tolling agreement on Madison, which would extend of course the statute of limitations. Then the process that is underway can continue, it can be resolved to the satisfaction of the American people, and in the interests of the taxpayers who lost $47 million. I think, again, the Senator's efforts are to bring this before this body and the American public, by highlighting the reality that the time is passing and there are very few days left before the statute expires. We are going to have the Lincoln day recess. By the time we come back there will only be a few days left. I hope this would not be the objective of the RTC, to simply let the statute of limitations expire because that would appear, obviously, to be contrary to the best interests of our administrative oversight through the RTC.
Said by
Frank Murkowski
Alaska

Editor's note · Context

Murkowski addresses the need to extend the tolling agreement related to the Resolution Trust Corporation.

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