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"Given Moscow's plummeting creditworthiness, it would be unconscionable for the Administration to proceed with other than fully collateralized taxpayer credit guarantees for grain or other U.S. exports to the Soviet Union, " said Roger W. Robinson, Jr.
CENTERFORSECURITYPOLICY: Center For Security Policy
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Due to the realities of a constrained credit market, petitioners were unable to secure financing that would allow them to proceed with the completion of their plan to build a residence on the property.
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In determining whether to proceed with such purchases, the Committee will focus on their potential to improve conditions in private credit markets, such as mortgage markets.
FORBES: Magazine Article