Kirsten Gillibrand actually said...

So you are saying that the lending market may not be readily available because of the outstanding risk, and so that you really need a derivative to hedge that risk specifically for the amount of time that that project may well take to come to fruition.

Context

Gillibrand discusses the need for derivatives to manage lending risks in long-term projects.

09/08/2009

https://www.congress.gov...

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