Frank Murkowski

I commend the Senator from New York. I do not think this is a politically motivated action of any kind. It is simply an action to recognize the reality that comes the 28th of this month, it very possibly will be too late to pursue any…

This is what bothers the Senator from Alaska. Why would not the RTC want to simply extend the tolling agreement so that they could pursue the civil action and not run the risk of having the statute of limitations expire on February 28? I…

We have heard this is far from the largest S&L bailout that the taxpayers have had to pay. As we know, we have had billion- dollar savings and loan failures and we have large cases that are still pending. But would you not expect that the…

Currently the taxpayers are subjected to about $47 million to the Madison bailout; is that generally the Senator's understanding?

I wonder, in the case of where the RTC would fail to enter into a tolling agreement before the 28th of February, are there any other remedies available to the American taxpayer, assuming the RTC fails to file a lawsuit?

With regard to that and the relevance of the anniversary date to the RTC law enforcement responsibilities, one can only assume it would relate to a determination that the RTC should make with respect to entering into these tolling…

I understand that the Senator from New York has sent letters on two separate occasions to the RTC inquiring specifically as to the status of the statute of limitations.

I wonder if the Senator is certain that February 28 is the date the statute of limitations would run out with regard to Madison Guaranty.

I differ with my colleague. Advancement has been made as a consequence of the U.S. presence there, and the record will support that.

We could argue the merits of most-favored-nation status for China if you want to argue a parallel thing.

The reality is, Mr. President, what presence do we have there now? We would have an increased presence, and we have seen an increase in our own satisfaction with regard to advancements that have been made because of increased cooperation…

I am curious to know why the Senator from New Hampshire would have reason to believe that the process of full accountability and the resolution of discrepancies in evidence--which the Senator from Alaska admits exist--would necessarily…