On the recordJanuary 21, 1998
It bothers me a lot. First of all, there's some truth to it. That is, if a country like Indonesia gets money from the International Monetary Fund to deal with its financial problems, what are its financial problems? You've got to pay notes when they're coming due. And if somebody made a foolish loan that they should not have made in the first place, that's an only 90-day loan on a building that's going to last for 20 years, for example, you hate to see them get their money back plus a profit at someone else's expense. On the other hand--and let me say, we're sensitive to that. Secretary Rubin has done a very good job of trying to get these big banks to roll over their debt. Mr. Lehrer. Take some hits themselves?
Source
govinfo.gov




