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MERRY 0 SONZALEZ TEXAS CHAIRMAN
JAMES A LEACH OWA
BILL McCOLLUM FLORIDA
STEPHEN L NEAL NORTH CAROLINA
MARGE BOULHMA NEW (RM)
CIM WALCE NEW YORK
DOUG BEREUTER NEBRASKA
BRUCE VENTO MINNESOTA
THOMAS NOGE PENNSYLVANIA
CHARLES 1 SCHUMER NEW YORK
TOBY ROTH WISCONSIN
BARNEY FRANK MASSACHUSETTS
U.S. HOUSE OF REPRESENTATIVES
ALFRED A MCCANOLESS CALFORMA
PAUL L CANJORSEI PENNSYLVANIA
RICHARD M BAKER LOUISIANA
JOSEPH . KENNEDY " MASSACHUSETTS
AM MUSSLE IOWA
FLOYD M FLASE NEW YORK
EWEIS MFUME MARYLAND
COMMITTEE ON BANKING. FINANCE AND URBAN AFFAIRS
CRAIG THOMAS WYOMING
SAM JOHNSON. TEXAS
MAXINE WATERS CALIFORNIA
DEBORAM PRYCE OHIO
LARRY LAROCCO DAMO
ONE HUNDRED THIRD CONGRESS
JOHN UNDER GEORGIA
BILL ORTON. UTAM
JOE KNOLLENGERG. MICHIGAN
JIM BACCHUS. FLORIDA
RICK LADO NEW YORK
HERBERT C KLEIN. NEW JERSEY
2129 RAYBURN HOUSE OFFICE BUILDING
ROO GRAME MINNESOTA
CAROLYN 0 MALONEY NEW YORK
SPENCER BACHUS a ALABAMA
PETER DEUTSCH FLORIDA
WASHINGTON, DC 20515-6050
MIKE HURRINGTON CALIFORNIA
LUIS V GUTIERREZ ILLINOIS
MICHAEL CASTLE DELAWARE
BOGBY L RUSK ILLINOIS
PETER ONE NEW YORK
LUCILLE ROYEAL ALLARD CALIFORNIA
THOMAS M. BARRETT WISCONSIN
BERNARD SANDERS, VERMONT
ELIZABETH FURSE OREGON
NYOLA M. VELAZQUEZ NEW YORK
ALBERT a WYNN. MARYLAND
December 9, 1993
(202) 228-4247
CLEO FIELDS. LOUISIANA
MELVIN WATT. NORTH CAROLINA
MAURICE HINCHEY. NEW YORK
CAL VIN M. DOOLEY. CALIFORNIA
RON KLINE PENNSYLVANIA
ERIC FINGERHUT. OHIO
Mr. Erskine Bowles
Administrator
Small Business Administration
409 Third Street, SW
7th Floor
Washington, DC 20416
Dear Mr. Bowles:
I am writing in reference to the House Banking Committee Minority
investigation of the failure of Madison Guaranty Savings and Loan
(Madison). As you know, Madison was taken over by federal
regulators in March of 1989 and resolved by the Resolution Trust
Corporation (RTC) in November, 1990.
To assist in this investigation, I request that the Small Business
Administration (SBA) provide access to all documents related to
Madison and its subsidiaries, the Whitewater Development
Corporation, and Capital Management Services, Inc. Such documents
would include, but not be limited to, administrative files,
interoffice memorandum, notes and minutes and meetings (including
telephonic meetings), correspondence, electronic mail, and loan
applications and approvals. Furthermore, please provide the names
and titles of all SBA employees involved with these entities.
Please have your staff contact Mike McGarry at 202-225-2258 to
discuss arrangements to review these documents as soon as possible.
I appreciate your assistance and look forward to your cooperation.
Sincerely
James A. Leach
Ranking Member
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"ocrText": "MERRY 0 SONZALEZ TEXAS CHAIRMAN\nJAMES A LEACH OWA\nBILL McCOLLUM FLORIDA\nSTEPHEN L NEAL NORTH CAROLINA\nMARGE BOULHMA NEW (RM)\nCIM WALCE NEW YORK\nDOUG BEREUTER NEBRASKA\nBRUCE VENTO MINNESOTA\nTHOMAS NOGE PENNSYLVANIA\nCHARLES 1 SCHUMER NEW YORK\nTOBY ROTH WISCONSIN\nBARNEY FRANK MASSACHUSETTS\nU.S. HOUSE OF REPRESENTATIVES\nALFRED A MCCANOLESS CALFORMA\nPAUL L CANJORSEI PENNSYLVANIA\nRICHARD M BAKER LOUISIANA\nJOSEPH . KENNEDY \" MASSACHUSETTS\nAM MUSSLE IOWA\nFLOYD M FLASE NEW YORK\nEWEIS MFUME MARYLAND\nCOMMITTEE ON BANKING. FINANCE AND URBAN AFFAIRS\nCRAIG THOMAS WYOMING\nSAM JOHNSON. TEXAS\nMAXINE WATERS CALIFORNIA\nDEBORAM PRYCE OHIO\nLARRY LAROCCO DAMO\nONE HUNDRED THIRD CONGRESS\nJOHN UNDER GEORGIA\nBILL ORTON. UTAM\nJOE KNOLLENGERG. MICHIGAN\nJIM BACCHUS. FLORIDA\nRICK LADO NEW YORK\nHERBERT C KLEIN. NEW JERSEY\n2129 RAYBURN HOUSE OFFICE BUILDING\nROO GRAME MINNESOTA\nCAROLYN 0 MALONEY NEW YORK\nSPENCER BACHUS a ALABAMA\nPETER DEUTSCH FLORIDA\nWASHINGTON, DC 20515-6050\nMIKE HURRINGTON CALIFORNIA\nLUIS V GUTIERREZ ILLINOIS\nMICHAEL CASTLE DELAWARE\nBOGBY L RUSK ILLINOIS\nPETER ONE NEW YORK\nLUCILLE ROYEAL ALLARD CALIFORNIA\nTHOMAS M. BARRETT WISCONSIN\nBERNARD SANDERS, VERMONT\nELIZABETH FURSE OREGON\nNYOLA M. VELAZQUEZ NEW YORK\nALBERT a WYNN. MARYLAND\nDecember 9, 1993\n(202) 228-4247\nCLEO FIELDS. LOUISIANA\nMELVIN WATT. NORTH CAROLINA\nMAURICE HINCHEY. NEW YORK\nCAL VIN M. DOOLEY. CALIFORNIA\nRON KLINE PENNSYLVANIA\nERIC FINGERHUT. OHIO\nMr. Erskine Bowles\nAdministrator\nSmall Business Administration\n409 Third Street, SW\n7th Floor\nWashington, DC 20416\nDear Mr. Bowles:\nI am writing in reference to the House Banking Committee Minority\ninvestigation of the failure of Madison Guaranty Savings and Loan\n(Madison). As you know, Madison was taken over by federal\nregulators in March of 1989 and resolved by the Resolution Trust\nCorporation (RTC) in November, 1990.\nTo assist in this investigation, I request that the Small Business\nAdministration (SBA) provide access to all documents related to\nMadison and its subsidiaries, the Whitewater Development\nCorporation, and Capital Management Services, Inc. Such documents\nwould include, but not be limited to, administrative files,\ninteroffice memorandum, notes and minutes and meetings (including\ntelephonic meetings), correspondence, electronic mail, and loan\napplications and approvals. Furthermore, please provide the names\nand titles of all SBA employees involved with these entities.\nPlease have your staff contact Mike McGarry at 202-225-2258 to\ndiscuss arrangements to review these documents as soon as possible.\nI appreciate your assistance and look forward to your cooperation.\nSincerely\nJames A. Leach\nRanking Member"
}