Ambassador: Officials Did Nothing Wrong
Washington says using government connections to win HUD funds was not unethical. Philip Winn, ambassador to Switzerland, testified that his group secured about 29 million in tax credits for West and Southwest projects. He defended partners and noted possible rule gaps while critics pressed for accountability.
MENTIONED IN THIS ARTICLE
Washington
Philip Winn
U.S
Switzerland
Winn
HUD
Colorado
Silvio DeBartolomeis
J. Michael Queenan
Denver
Lance Wilson
Samuel Pierce Jr
House
Rep
Tom Lantos
D-Calif
Subcommittee
Christopher Shays
Rconn
Philip Abrams
Abrams
United States
Deborah Gore Dean
Wilson
Pierce
Dean
S&L Bailout Faces Delay as Congress Takes Vacation
A Senate House savings and loan conference panel postpones work on Bush bailout amid summer recess. Riegle leads with July 11 session planned while GA regulators shift three S&Ls to federal control. Committee members split into five issue groups as we approach late July action.
MENTIONED IN THIS ARTICLE
Washington
House-Senate Savings and Loan
Bush
S&l
Senate
House
Senate Banking Committee
Donald W. Riegle Jr
Dmidh
Congress
Henry B. Gonzalez
Texas
Jake Garn
Utah
Paul Sarbanes
Switzerland
Savings
Georgia
First Federal Savings and Loan Association
Americus
Habersham Federal Savings Bank
Atlanta
Great Southern Federal Savings Bank
Savannah
Federal Deposit Insurance Corp
John Heinz
R-Pa
Alan Cranston
Calif
Riegle, Garn and Sarbanes
Senate Finance Committee
Lloyd Bentsen
Spark Matsunaga
Hawaii
Bob Packwood
Ore
Ill
Also Mentioned on This Page
Capitol Hill
The
Associated Press
Ms. Dean
Debbie
Oklahoma
Nevada
Gonzalez
Riacidies
Seeno Mor
Epinette Esteepe
Necessa
Aiken
South Carolina
Aiken-Augusta Hwy