On the recordNovember 18, 2014
If the Government guaranteed piece is systematically underpriced, then no matter what else you do, you are not going to get private capital to come in in that context.
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congress.govIf the Government guaranteed piece is systematically underpriced, then no matter what else you do, you are not going to get private capital to come in in that context.
Toomey emphasizes the necessity of appropriately priced government guarantees to attract private capital.
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