Political Quotes

James T. Callahan: “I think the whole indemnification process is wrong for us to get involved in. What we are saying is that General…”

On the recordJuly 13, 2000
I think the whole indemnification process is wrong for us to get involved in. What we are saying is that General Electric, which is the only American company I know of that is even involved in providing some of the resources for the new facility, will not go in there without indemnification. So what we are saying, in effect, is that we are not going to allow the United States to indemnify General Electric from any class action suit that might take place even in North Korean courts. American business people are already being subjected to this serious problem in South Vietnam now. So I have questions about the indemnification.
Said by
James T. Callahan
Oklahoma
Source
govinfo.gov

Editor's note · Context

Discussing concerns over indemnification for General Electric related to a new facility.

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