In short, what we seem to be seeing is a state banking system that is increasing in relative numbers and decreasing in relative size,.. Going forward, there is every indication the relative decline in the assets of state banks will continue.
Donald Powell
Source: Wikipedia
I think everyone in this room understands that the dual banking system is at a crossroads
system crossroads banking
There are many things consumers and business owners can do now and in the coming weeks to help put their financial houses back in order in the wake of the Hurricane Katrina,.. The FDIC is doing what we can to try to keep this natural disaster from turning into a financial disaster for all the people harmed by Katrina.
disaster people order business houses things natural wake
numbers system forward banks banking state short
Credit losses are very low now, but mortgage lenders need to be prepared for higher losses,.. Homeowners taking on these types of mortgage product need to understand how their obligation may grow when their low introductory interest rates expire.
grow understand interest obligation credit
I am aware that there is a great deal of public interest in the Wal-Mart Bank application; however, I believe it is important that the application be processed in a manner that is consistent with current law
law public interest great important aware
This new position allows me to continue to serve my country and help the many people who have had their lives turned completely upside down
people lives serve country
I think New Orleans and Louisiana need to be safe
safe
That's got long-term consequences, so I'll not be bashful to understand some of those issues and come back and say, 'We need to find a better way to do this,'
find understand issues consequences
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