33 ordspråk av David Barr

David Barr

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The risk assessments provide bankers with more flexibility to tailor security measures to better safeguard their customers . . . than would a mandate from regulators.

There has been quite a bit of interest and that's why we want to hold these hearings.

They've got a good cushion of capital there.

This is a way of ensuring that inflation will no longer chip away at the amount of deposit insurance coverage.

too early to have any estimates of the financial loss to banks.

We disagree with the opinion and don't think it was supported by the facts, which is the main reason why we appealed.

We don't reject that many applications.

We don't think that this will delay a decision on the application. There's still a lot that needs to be done behind the scenes on the application. While we're doing that, we can hold a hearing simultaneously.

We expect banks to perform a risk analysis, and, based on that risk analysis, provide an extra layer of security by the end of the year.

We have had some failures in the past where people have had considerable amounts of money in individual retirement accounts. They've suffered significant losses. But that coverage will go up to $250,000 per person when we change this rule.

We have to balance the ease and convenience with security. If we don't do anything, criminals will become more sophisticated in separating people and their money.

We strongly disagree with the ruling,

We strongly disagree with the ruling. It's not supported by the facts of the case.

We will need to find a new chairman and secretary and I would like to extend my appreciation to both of them for all their hard work over the years.

We're not overly concerned. There is still time for them to get their houses together and we are monitoring them closely.

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