Bill Clinton: “Yes. I think the taxpayers, including the taxpayers in this room, should know that at any given time nationwide we have…”

“Yes. I think the taxpayers, including the taxpayers in this room, should know that at any given time nationwide we have under 10 percent of our loans in arrears and ultimate failures are under 1\1/2\ percent. So our record at the SBA for making loans that default is about the same as any conservative bank in America. But we take a chance on people with a new idea that can't quite get there. Pat, what were you going to say? [Mr. McGowan stated that SBA had increased the number of loans to women- owned businesses in that region. A participant then praised the Boston SBA office for increased productivity with a reduced work force.]”