George H.W. Bush: “What you ask for is, as I thought at the opening of your remarks, an opportunity to take some specifics and to take this…”

“What you ask for is, as I thought at the opening of your remarks, an opportunity to take some specifics and to take this New Hampshire view and be heard on it. And that is easily arranged. I mean, I'd be delighted to have set up at whatever level you want to take these specifics and make clear to the regulators, or higher if you want to go, as to what the mechanics are that are holding back this recovery. So, I accept your offer, and we'll be glad to set it up. But be specific, bring the specifics because there is some feeling that some of these problems have been resolved. And to the degree that they are still out there, and it's something other than the judgment of the lending institution who got burned for loaning in ways they shouldn't have loaned before and are saying, ``Hey, I've got to protect my stockholders,'' we can do something about it. If it's the judgment of a financial man, lending officer, then I don't know that the Government has a role. But if it's the Government regulator that's putting this dampener on the lending community in a small New Hampshire town, I'd like to have our people listen to that and try to be sensitive to it and try to change it. To some degree we've made progress, but obviously we haven't made enough. [At this point, remarks were made by a participant.]”