7 7.500/1.107 HEARING ON ECONOMICALLY TARGETED INVESTMENTS HEARING BEFORE THE SUBCOMMITTEE ON EMPLOYER-EMPLOYEE RELATIONS OF THE COMMITTEE ON ECONOMIC AND ONE HUNDRED FOURTH CONGRESS 92-766 CC HEARING HELD IN WASHINGTON, DC, JUNE 15, 1995 Serial No. 104-28 Printed for the use of the Committee on Economic U.S. GOVERNMENT PRINTING OFFICE WASHINGTON: 1995 For sale by the U.S. Government Printing Office Superintendent of Documents, Congressional Sales Office, Washington, DC 20402 ISBN 0-16-047509-0 COMMITTEE ON ECONOMIC AND EDUCATIONAL OPPORTUNITIES WILLIAM F. GOODLING, Pennsylvania, Chairman THOMAS E. PETRI, Wisconsin MARGE ROUKEMA, New Jersey STEVE GUNDERSON, Wisconsin RANDY "DUKE" CUNNINGHAM, California HOWARD P. "BUCK" McKEON, California SAM JOHNSON, Texas JAMES M. TALENT, Missouri LINDSEY O. GRAHAM, South Carolina DAVID FUNDERBURK, North Carolina WILLIAM (BILL) CLAY, Missouri GEORGE MILLER, California MATTHEW G. MARTINEZ, California ROBERT E. ANDREWS, New Jersey LYNN C. WOOLSEY, California MEL REYNOLDS, Illinois Ball, David, Esq., Williams, Mullen, Christian & Dobbins, former Assist- Berg, Hon. Olena, Assistant Secretary, Pension and Welfare Benefits Drucker, Myra, Assistant Treasurer, Xerox Corporation, on behalf of the Zelinsky, Edward, Professor, Benjamin N. Cardozo School of Law, Ye- Prepared statements, letters, supplemental materials, et cetera: Ball, David, Esq., Williams, Mullen, Christian & Dobbins, former Assist- ant Secretary for Pension and Welfare Benefits Administration, pre- Drucker, Myra, Assistant Treasurer, Xerox Corporation, on behalf of the Committee on Investment of Employee Benefit Assets, prepared state- Mares, Judy, Financial Executives Institute, prepared statement of Monks, Robert, Principal, Lens, Inc., prepared statement of Owens, Hon. Major R., a Representative in Congress from the State of New York, additional material submitted for the record by 117 139 153 (III) ww |