White House Response

September 1977
New Republic;9/10/77, Vol. 177 Issue 11, p9
Presents a statement issued by U.S. President Jimmy Carter's Press Secretary Jody Powell in response to an article that discussed high-risk loans made to the Carter Campaign. Information that throughout the entire campaign all loans were fully secured by accounts receivable; Narration of the procedure adopted to take loans; Discussion on repayment of loans; Information that these loans were thoroughly reviewed by the bank officers and auditors and by the bank regulatory authorities.


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