Capital Adequacy in the Savings and Loan Industry: Field Hearing Before the Subcommittee on General Oversight and Investigations of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, One-Hundredth Congress, First Session, Santa Ana, CA, August 10, 1987 |
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$10 billion activities additional ALLEN Amend amount attract capital attract new capital believe Beverly Hills Bob Dornan California CARROLL HUBBARD Chairman commercial banks committee conference report Congress Congressman Bunning Council of Savings Deposit Insurance depositors directors dustry enhance environment equity FDIC Federal Home Loan Federal Savings federally chartered fraud FSLIC FSLIC-insured institutions funds GAAP going healthy segment hearing Home Loan Bank House Bill 27 HUBBARD interest rate risk interest rates investment community investors issues Jim Bunning junk bonds Kentucky legislation liability Loan Association Loan Bank Board loan industry losses Lufkin & Jenrette merger mortgage loans multiples National Council Oversight PE ratio percent of assets permit portfolio premiums problem profits question real estate regulators regulatory Richard Terzian savings and loan savings banks Savings Institutions securities firms service corporation solve subcommittee taxpayer thrift charter thrift industry thrift institutions thrift investment tion
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Page 19 - The Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation...
Page 12 - Chairman and members, it is certainly a pleasure for me to be with you this morning.
Page 31 - FSLIC's authority to collect premiums by reducing them by the amount the newly created Financing Corporation assesses. The rate of assessment may not exceed 1/12 of one percent of the insured institution's total savings capital, whether the premiums are paid to the FSLIC, the Financing Corporation, or a combination of both. As of result of CEBA, S32.1 million of insurance premiums were assessed and collected by the Financing Corporation during 1987.
Page 37 - I am fortunate to have served as past president of the New York Chapter of the National Association of Corporate Directors and am currently its executive director.
Page 53 - Total income divided by average assets (net of loans in process or...
Page 59 - Sources Federal Home Loan Bank Board. United States League of Savings Institutions Jinciudes the assets of institutions insured by state insuring agencies.
Page 5 - I am appearing today in my capacity as a board member of the National Council of Savings Institutions.
Page 19 - July 1 of next year to make a comparative study between the investment in a high yield non-investment grade bonds and other types of investments made by federally insured institutions during the 5 year period prior to this legislation.
Page 3 - Since the recapitalization is not a taxpayer bail-out but actually an industry financed rescue program, the...