With respect to 60 percent of what is being called private loans here this morning, with respect to 60 percent of those loans the taxpayer is, in fact, absorbing the risk and we are paying someone a premium to take a risk with our money. Is that right?
Rob Andrews: “With respect to 60 percent of what is being called private loans here this morning, with respect to 60 percent of those…”
Editor's note · Context
Andrews highlights taxpayer risk in private loan systems.
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