HEARINGS RELATING TO MADISON HEARINGS BEFORE THE COMMITTEE ON ONE HUNDRED THIRD CONGRESS SECOND SESSION VOLUME III ON HEARINGS INTO WHETHER IMPROPER CONDUCT OCCURRED REGARD- AUGUST 1 AND 2, 1994 Printed for the use of the Committee on Banking, Housing, and Urban Affairs 86-149 CC U.S. GOVERNMENT PRINTING OFFICE WASHINGTON 1994 For sale by the U.S. Government Printing Office Superintendent of Documents, Congressional Sales Office, Washington, DC 20402 ISBN 0-16-046569-9 MITCHELL FEUER, Counsel TIMOTHY P. MITCHELL, Legislative Assistant EMILY L. FRYDRYCH, Assistant to Staff Director MARTIN J. GRUENBERG, Counsel COURTNEY WARD, Staff Director, Securities Subcommittee PAUL GOLDENBERG, Republican Special Investigator IRENE C. WHISTON, GPO Editorial Assistant CONTENTS Response to written questions of Senator Bond Ellen B. Kulka, General Counsel, Resolution Trust Corporation, Washington, |