On the recordMay 19, 2009
Well, if you own a company and you are in control by 80-percent ownership in that company, you do not have to pay a dollar for a dollar on those losses.
Said by
Jim Bunning
Source
congress.govWell, if you own a company and you are in control by 80-percent ownership in that company, you do not have to pay a dollar for a dollar on those losses.
Bunning questions the control over AIG despite 80% ownership.
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More from Jim Bunning
No, no, no. Why is it your decision to report to the SEC and not to the public which you have an obligation to do?
I continue to hear from well over 40 Kentucky community banks about the heavy hand of your examiners and their supervisors.