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This statement is not available for public release until it is delivered at 10:30 a.m. (EDT), Wednesday, June 17, 1992. |
Mr. Chairman, I appreciate this opportunity to appear before your Committee to discuss the current and future condition of the thrift industry. I will specifically address the questions of whether the thrift crisis is in its final stages and what the future of the thrift industry might be. I will also share with you some concerns I have about the transition of responsibility from the Resolution Trust Corporation (RTC) to the Saving Association Insurance Fund (SAIF). In summary:
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