33 ordspråk av David Barr
David Barr
This is a way of ensuring that inflation will no longer chip away at the amount of deposit insurance coverage.
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too early to have any estimates of the financial loss to banks.
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We disagree with the opinion and don't think it was supported by the facts, which is the main reason why we appealed.
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We don't reject that many applications.
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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.
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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.
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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.
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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.
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We strongly disagree with the ruling,
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We strongly disagree with the ruling. It's not supported by the facts of the case.
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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.
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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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We've received 1,150 comments. Usually, if there are more than a half-dozen comments, that is high.
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When Target applied to open its industrial bank in 2004, we didn't get a single comment from the public. We've gotten 4, 000 letters and witnesses for the Wal-Mart application. The majority are negative. But popularity is not a criteria for an industrial bank.
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Your deposits will remain insured up to $100,000 even after the date change. But once you withdraw it, it's yours.
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