Senate to SSB: Show us the documents!

The Godwin Hulse led Senate special committee probing Social Security's investment and loans portfolio has asked social security's money managers to "come up quick" with information on Social Security's investment in Intelco. The urgent request follows the announcement that Intelco has gone into receivership. One of Intelco's loans was securitzed by the Social Security Board. As we understood it at the time, SSB's exposure was $20 million.