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 committee conference report CONGRESS THE LIBRARY Congressman Bunning Council of Savings Deposit Insurance depositors directors dustry earnings 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 Kentucky legislation liability LIBRARY OF CONGRE LIBRARY OF CONGRESS Loan Association Loan Bank Board loan industry losses Lufkin & Jenrette merger mortgage loans multiples National Council Oversight percent of assets permit premiums problem profits real estate regulators regulatory Richard Terzian savings and loan savings banks Savings Institutions securities firms service corporation solve subcommittee talent taxpayer thrift charter thrift industry thrift institutions tion TRAUTMAN
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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 52 - Trautman is active in corporate directorship work, and serves during 1967 as Chairman of the Executive Committee of the New York Chapter of the National Assooiation of Corporate Dir ectors ( "HACD" ) , having served as President during 1985-86.
Page 5 - I am appearing today in my capacity as a board member of the National Council of Savings Institutions.
Page 6 - I would like to begin by reviewing briefly the current state of the savings and loan industry. In contrast to the perception left by recent reports...
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 18 - I am not going to ask all of the questions that I have here, but I am soon going to give time to Congressman Bunning to ask questions also.