STUDY OF RECONSTRUCTION FINANCE CORPORATION HEARINGS BEFORE A SUBCOMMITTEE OF THE COMMITTEE ON BANKING AND CURRENCY UNITED STATES SENATE EIGHTY-FIRST CONGRESS SECOND SESSION ON A STUDY OF THE OPERATIONS OF THE LENDING POLICY JUNE 8, 9, 13, AND 15; JULY 3, 5, AND 10, 1950 Printed for the use of the Committee on Banking and Currency HEARINGS BEFORE A SUBCOMMITTEE OF THE COMMITTEE ON BANKING AND CURRENCY EIGHTY-FIRST CONGRESS SECOND SESSION ON A STUDY OF THE OPERATIONS OF THE 68235 LENDING POLICY JUNE 8, 9, 13, AND 15, JULY 3, 5, AND 10, 1950 Printed for the use of the Committee on Banking and Currency UNITED STATES WASHINGTON: 1950 BURNET R. MAYBANK, South Carolina CHARLES W. TOBEY, New Hampshire PAUL H. DOUGLAS, Illinois GEORGE MEADER, Counsel PRICE, WATERHOUSE & Co., Accounting Consultants II CONTENTS Bingham, Stuart A., Acting Chief, Field Liaison Branch, Reconstruc- Page Conlin, Francis P., loan examiner, Reconstruction Finance Corpora- Considine, J. W., Comptroller, Reconstruction Finance Corporation__ Dodds, Chauncey Y., manager, Office of Loans, Reconstruction Finance Corporation... Dougherty, James, General Counsel, Reconstruction Finance Corpora- Fitzgerald, William F., loan examiner, Boston Loan Agency, Recon- struction Finance Corporation___. Gilbert, Cephas, Chief, Loan Application Branch, Jacksonville Loan Agency, Reconstruction Finance Corporation Gunderson, Harvey J., Member, Board of Directors, Reconstruction Hise, Harley, Chairman, Board of Directors, Reconstruction Finance Corporation.. Lannon, Omer, Chief, Loan Liquidation Branch, Jacksonville Office, Reconstruction Finance Corporation. - Levinson, Morris, Chief, Transportation Branch, Reconstruction Lewis, Charles B., loan examiner, Reconstruction Finance Corpora- Statements, letters, exhibits, etc., submitted for the record by- Example of banks return on participation loa n 360 Recalculation of Mr. Bodman's example.. 362 |