Government Hearings - 1995

  • 1995 0404 and 0726 - GOV (Senate) - Punitive Damages: Tort Reform and FDA Defenses, Orrin Hatch (R-UT)
    • [PDF-197p-GooglePlay]
    • Senate - Committee on the Judiciary
    • 11 Gallant v . Prudential, Barbour County, Alabama, Trial Transcript at 647, April 6, 1994
  • 1995 0522 - GOV (House) - Insurance State's and Consumer's Rights Clarification and Fair Competition Act
    • [PDF-81p-GooglePlay, VIDEO-?] - Not on govinfo.gov - R
    • House - Committee on Commerce - Subcommittee on Commerce, Trade, and Hazardous Materials of the Committee on Commerce
  • 1995 0606 and 0608 - GOV (House) - Financial Services Competitiveness Act of 1995, (CSPAN) Financial Services Regulation - HR 1062
    • [PDF-329p-GooglePlay, 0606-VIDEO-CSPAN] ->not on govinfo.org
      • Gary Hughes (ACLI)
      • Martin Meyer (Brookings Institution)
      • Greenspan (FRB), Levitt (SEC), Williams (OCC)
    • House - Joint Hearing Before the Subcommittee on Telecommunications and Finance and the Subcommittee on Commerce, Trade, and Hazardous Materials of the Committee on Commerce
  • 1995 0629, 0728 and 0802 - GOV (House) - Abuse of Taxpayer Funds to Subsidize Lobbying and Political Activity, David McIntosh (R-IN)
    • [PDF-423p-GooglePlay, VIDEO-?]
    • House - Committee on Government Reform and Oversight - Subcommittee on National Economic Growth, Natural Resources, and Regulatory Affairs
  • 1995 0726 and 0727 - GOV (House) - Debt Issuance and Investment Practices of State and Local Governments 
    •  [PDF-968p-archive.org]
    • An interesting question arising in third-party guaranteed defaults is what happens when the guarantor collapses.
    • When the letter-of-credit bank or insurance company goes under, or the corporate guarantor goes bankrupt, there is no more credit enhancement or guarantee on the bond issue.
    • In these instances bondholders usually lose.
    • Such was the case with the $1.6 billion of munis backed by Executive Life and the $600 million of housing issues backed by Mutual Benefit Life Insurance Company.  (p150)
    • House - Committee on Banking and Financial Services - Subcommittee on Capital Markets, Securities, and Government Sponsored Enterprises