On the bad loans themselves, all I will say is that we had a similar situation in the United States in the eighties with our Savings and Loan, and we did approach it with a variety of tools, but the principle one was a federal agency that in effect took over those bad loans and took them out of the bank, packaged them, and then managed to merchandise them, to sell them.
More Quotes from Howard Baker:
This man is in terrible shape, ... His health circumstances are really barely short of extreme, and I have no doubt that he's in need of skillful medical attention.Howard Baker
I acknowledged to Foreign Minister Kawaguchi that the U.S. government is sympathetic to his health condition and that Sgt. Jenkins' medical condition may delay our request for his transfer to U.S. custody.
Howard Baker
We have timers and they will be limiting how long each candidate speaks, or with 41 candidates, we would be there a long, long time.
Howard Baker
It is almost always the cover-up rather than the event that causes trouble.
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To begin with, I am aware that I am the President's representative in Japan. I am his emissary. That's the way the title reads. And that's the way I present my credentials to the Emperor. I am the President's representative in Japan.
Howard Baker
The most difficult thing in any negotiation, almost, is making sure that you strip it of the emotion and deal with the facts. And there was a considerable challenge to that here and understandably so.
Howard Baker
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