Former Governor Holden says he is not responsible for Mamtek Failure
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Former Governor Holden says he is not responsible for Mamtek Failure

Date: November 29, 2011
By: Ashley Massow
State Capitol Bureau

Intro: 
Though Former Governor Bob Holden promoted the Chinese Mamtek project, he says he is not to blame for the facility failure.
RunTime:  0:33
OutCue:  SOC

Wrap: The Former Governor Bob Holden is also the new vice chairman of the new Midwest U.S.-China Association.

Though he originally promoted the Mamtek facility, he said his association is solely setting up relationships. 

Actuality:  HOLDEN.WAV
Run Time:  00:08
Description: "Our job is to build those connections and help those relationships occur. Then it's a decision made by the parties involved if they want to pursue it."

Holden said once relationships are created, it is not his or anyone in his Association's responsibility to monitor deals of businesses they put in contact with each other.

From the State Capitol, I'm Ashley Massow.

Intro: 
Former Missouri Governor Bob Holden promoted the Mamtek facility, but says he is not to to blame for it's failure.
RunTime:  0:40
OutCue:  SOC

Wrap: Former Missouri Governor and vice chairman of the new Midwest U.S.-China Association, Bob Holden said he has concerns with investigating the failure.  

Actuality:  HOLDEN2.WAV
Run Time:  00:13
Description: "You're walking a fine line about having the due diligence on one hand and at the same time being aggressive enough on the other to be attractive to opportunity. You go too far in one direction and you get beat up by somebody."

Holden originally supported the Mamtek facility but said he wasn't responsible for it's failure. 

Though he did not accept blame for the failure, Holden said he did set up the relationship between Chinese investors and the Department of Economic Development prior to business deals.

From the State Capitol, I'm Ashley Massow.