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To: doug from upland

It looks like your transcript ends late on page 116.


4 posted on 05/12/2008 8:40:02 PM PDT by Henchster (Free Republic - the BEST site on the web!)
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To: Henchster

It got onto another topic — the SBA loan.


5 posted on 05/12/2008 8:44:00 PM PDT by doug from upland (Stopping Hillary should be a FreeRepublic Manhattan Project)
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To: Henchster

HERE’S THE LAST FEW SENTENCES:

The state was sprinkled with millions lent out by Hale, and McDougal saw in the federal moneylender a possibility for survival. (The loans were easier made than others because they were guaranteeed and subsidized by the Small Business Administration, one of the most wasteful agencies of the U.S. government.)

“McDougal told me he wanted to vclean up some problem loans with our friends ‘political family,’” Hale said. He was speaking of loans made to leading politicians by McDougal, which were making the books look bad for the upcoming FHLBB examination.


6 posted on 05/12/2008 8:48:41 PM PDT by doug from upland (Stopping Hillary should be a FreeRepublic Manhattan Project)
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