John Dingell: “So let me just ask, if one of these companies to which you have a loan…”

On the recordJuly 11, 2012

So let me just ask, if one of these companies to which you have a loan guarantee gets into difficulty, if this legislation goes into place, you wouldn't have the capacity to negotiate a restructuring of the entity in such way as might make it possible to save it; is that right?

Said by

John Dingell

Democratic · Michigan

Source

congress.gov

Editor's note · Context

Dingell raises concerns about the implications of proposed legislation on loan guarantees.

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John Dingell: “So let me just ask, if one of these companies to which you have a loan guarantee gets into difficulty, if this…”

Editor's note · Context