On the recordJanuary 7, 2009
Inject money into the institutions, require them to rework the bad loans, and have them do the workouts.
Source
congress.govKent Conrad: “Inject money into the institutions, require them to rework the bad loans, and have them do the workouts.”
Editor's note · Context
Kent Conrad emphasizes the importance of capital injection and loan reworking over government ownership.
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