To answer that question, in the time allotted me in the Banking Committee hearing, I asked Mr. Altman questions about whether he had advised the White House or anyone in the White House about the criminal referral of the S&L case. I asked if anybody on his staff had advised the White House. He advised me that they had not. It was 3 days later that he then called me in the evening to say that information was incorrect. I did not ask the question because I did not see--and it was later brought to my attention--the May 4 specific terms of the letter. That was brought to my attention after the hearing. If Mr. Altman comes before the Banking Committee again I assure my colleague from Little Rock I will give him the opportunity to answer those questions.
Kit Bond: “To answer that question, in the time allotted me in the Banking Committee hearing, I asked Mr. Altman questions about…”
Editor's note · Context
Discussing a Banking Committee hearing regarding the S&L case and Mr. Altman's advice to the White House.
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