Supervision, Regulation and Insurance, Regarding RTC's Personnel Management of Institutions in Conservatorship: Hearing Before the Subcommittee on Financial Institutions Supervision, Regulation and Insurance, Resolution Trust Corporation Task Force of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, One Hundred First Congress, Second Session, June 15, 1990 |
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14-Sep-90 RTC MANAGEMENT 1990 RESOLUTION TRUST Admin ANALYSIS NATIONAL INSTITUTES Asset Disposition asset management Asset Marketing Assistant Director Asst billion Chairman VENTO COMPENSATION ANALYSIS NATIONAL conservatorship contractors Contracts Est Fee COOKE Deputy Director Director Asset DIRECTOR Office Director Resolution Trust Exec FDIC FEDERAL SAVINGS ASSOCIATION Financial FIRREA Frequency listing FREQUENCY PERCENT PERCENT FS&LA FSLIC going HEALTH IBM hired INSTITUTES OF HEALTH John Tierney June 14 junk bond management and disposition MANAGEMENT COMPENSATION ANALYSIS managing agents MARTINELLI MCDERMOTT MEDIAN MVS/XA OAKAR PERCENT PERCENT PERCENT personnel PLANNED STAFF policies Pres/CEO President/CEO private sector receivership Regional Director Regional Offices RESOLUTION TRUST CORPORATION responsible RTC employees RTC MANAGEMENT COMPENSATION RTC's S&L ASSOC salary savings and loans SAVINGS ASSOC Secretary LG7 Section Chief Spec staffing SULLIVAN Task Force thrifts total compensation TRUST CORPORATION Office VALID CUM VALUE VALUE FREQUENCY PERCENT VALUE LABEL Washington
Popular passages
Page 66 - ... the RTC has established an Office of Investigations to identify the individuals who caused thrift insolvencies through their reckless mismanagement, fraud or criminal conduct, and to recover the assets they misappropriated. The corps of RTC investigators, which is expected to reach 300 by year-end, will help determine whether and what sort of litigation should be initiated against insiders and others. The RTC will vigorously assist the Department of Justice in prosecuting individuals who benefited...
Page 120 - Committee, thank you for the opportunity to appear before you today. I would be pleased to answer any questions you may have.
Page 70 - Administration, the General Accounting Office, the Treasury Department, the Office of Management and Budget, and other organizations or agencies on matters related to assigned responsibilities; -- Providing management support services In the areas of accounting, reporting, budget, procurement...
Page 68 - Finance and Administration Division The Finance and Administration Division is responsible for developing, evaluating, and operating the Corporation's funding programs and capital markets activities. The division also directs RTC corporate services including financial reporting, accounting, personnel, facilities management and related administrative functions.
Page 66 - ... Investigators will help determine whether and what sort of litigation should be initiated to recover fraudulently or recklessly misappropriated assets. In practice, RTC investigators will be involved initially and throughout the civil litigation, supporting the attorneys. RTC investigators will assist the FBI and US Attorneys in prosecuting individuals who benefitted personally at the taxpayers expense. The investigator's initial task after the RTC is appointed conservator of an insolvent thrift...
Page 33 - Basically what we do is we get somebody in the institution to try to oversee the institution. I can't emphasize enough how complicated some of these institutions are. Believe me, I am a career civil servant.
Page 180 - DC area, received an MBA from the Harvard University Graduate School of Business Administration and a...
Page 83 - The responsibility for monitoring asset management contracts will rest primarily with RTC staff in the Consolidated Offices.
Page 57 - The Asset and Real Estate Management Division is responsible for managing and disposing of billions of dollars of assets acquired through the resolution of failed thrifts.
Page 23 - FIRREA was enacted, don't forget we were all of a sudden thrust into this thing. We had to pick ourselves up and run into it and get as much help as we can.