04/06/2011
https://www.congress.gov...
"I just cycled out of being Chair of the NGA and we were very much concerned about this, watching the fiscal viability of every one of the States."
"Is there any bailout or any other proposal that you all have or have been looking at?"
"I think upwards more of in the high 20s, low 30s, that could be in serious problems. We are concerned. We are very much concerned."
"Most of our assets are being purchased by foreign countries."