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.
Gillibrand discusses the need for derivatives to manage lending risks in long-term projects.
Share
More from Kirsten Gillibrand
Firefighters put their lives on the line every day to keep us safe. We owe it to them to ensure that they have the resources and personnel they need to respond to emergencies as quickly as possible.
What Trump and Secretary Hegsethdismissed as ‘fake news’ turned out to be serious and deteriorating conditions for our service members. Our troops and their families make immense sacrifices every single day, yet the president dismissed…
You need to have a system that works, that works for everyone that is 100% transparent.
Other voices in this conversation
