I am looking to see if there are subsequent convictions of Loral. Oh, yes. Loral Electric Systems, DeFective pricing, 10/95, $1.55 million. Loral only seems to have two convictions. So under my previous amendment, they would not have been barred, and I do not know if there is pending litigation against them, but many other firms would be. Although under the modified amendment, which is in order, they would be barred because they have two convictions. So I would hope that the gentleman from California (Mr. Lewis) would reconsider. If he has concerns about barring firms who have only one criminal fraud indictment against them, DeFrauding the American taxpayer, DeFrauding the military and jeopardizing our military security, that then he would go back and reconsider, accept the original amendment, or accept this amendment with the idea of going to 5 or 10 or 15 or 20 strikes, whatever he thinks would be necessary in the conference with the other body.
Editor's note · Context
Discussing amendments related to corporate fraud and military procurement during a House debate.
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