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

Front Cover

What people are saying - Write a review

We haven't found any reviews in the usual places.

Selected pages

Other editions - View all

Common terms and phrases

Popular passages

Page 18 - The Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation...
Page 11 - Chairman and members, it is certainly a pleasure for me to be with you this morning.
Page 30 - 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 36 - 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 - Beginning in 1982. average assets exclude certain centra-asset balances that had been reported as liabilities 'Preliminary 'Total income divided by average assets (net of loans...
Page 56 - Sources Federal Home Loan Bank Board. United States League of Savings institutions CHART E SOURCE: US LEAGUE OF SAVINGS INSTITUTIONS Yearend Savings Deposits FHLB Advances...
Page 4 - I am appearing today in my capacity as a board member of the National Council of Savings Institutions.
Page 18 - 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 5 - 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 17 - 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.

Bibliographic information