Brokered Deposits: Hearing Before the Subcommittee on Financial Institutions and Consumer Affairs of the Committee on Banking, Housing, and Urban Affairs, United States Senate, First Session, on Oversight Hearing on the Brokered Deposits Market Concerning the Benefits and Abuses to the Economy, the Consumer, and the Federal Insurance System, June 5, 1985, Parts 1-2U.S. Government Printing Office, 1985 - Bank failures |
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... Merrill Lynch and FAIC ........ Response_to_testimony of Chairman Isaac from Goldman , Sachs & Co. , Frank P. Smeal , partner and member of the management committee ..... Response to written questions of ... Merrill Lynch Money Markets ,
... Merrill Lynch and FAIC ........ Response_to_testimony of Chairman Isaac from Goldman , Sachs & Co. , Frank P. Smeal , partner and member of the management committee ..... Response to written questions of ... Merrill Lynch Money Markets ,
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... Merrill Lynch corporate credit standards .. III . American Banker reprints .. V. Merrill Lynch insured CD outstandings 137 138 VIII . Brokered deposits : Legislative alternatives IV . Comparison of FHLBB and Merrill Lynch VI . Reprints ...
... Merrill Lynch corporate credit standards .. III . American Banker reprints .. V. Merrill Lynch insured CD outstandings 137 138 VIII . Brokered deposits : Legislative alternatives IV . Comparison of FHLBB and Merrill Lynch VI . Reprints ...
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... Merrill Lynch and Dean Witter organizations were responsible for placing several million dollars each , substantially increasing the FDIC's ex- posure to loss . Keep in mind that this survey occurred after nearly 2 years of intense ...
... Merrill Lynch and Dean Witter organizations were responsible for placing several million dollars each , substantially increasing the FDIC's ex- posure to loss . Keep in mind that this survey occurred after nearly 2 years of intense ...
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... Merrill Lynch and Dean Witter organizations have a maturity in excess of 1 year . How much more do these brokers need than a ceiling of $ 190 billion for FDIC - insured banks and thrifts , not to mention FSLIC - insured institutions , a ...
... Merrill Lynch and Dean Witter organizations have a maturity in excess of 1 year . How much more do these brokers need than a ceiling of $ 190 billion for FDIC - insured banks and thrifts , not to mention FSLIC - insured institutions , a ...
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... Merrill Lynch and Dean Witter organizations were responsible for placing several hundred million dollars each , substantially increasing the FDIC's exposure to loss . Keep in mind that this survey occurred after nearly two 9 The ...
... Merrill Lynch and Dean Witter organizations were responsible for placing several hundred million dollars each , substantially increasing the FDIC's exposure to loss . Keep in mind that this survey occurred after nearly two 9 The ...
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Common terms and phrases
abuses agencies amounts of brokered asset quality risk bank or thrift banks and thrifts banks that failed billion brokerage firms brokered deposit market brokered funds CAMEL ratings capital certificates of deposit Chairman commercial banks CONGRESS THE LIBRARY Dean Witter deposit insurance system depository institutions deposits accounted Earning Assets FAIC failed banks failed in 1984 FALZON FDIC federal deposit insurance Federal Home Loan FHLBB financial institutions FS&LA FSLIC fully insured brokered Home Loan Bank individual savers insurance coverage insured brokered deposits insured deposit brokerage insured institutions interest margin interest rates Invalidated Rule investments ISAAC liabilities LIBRARY OF CONGRESS liquidity risk Loan Bank Board long-term maturity Merrill Lynch money brokers net interest margin OREO percent problem institutions purchased money regulatory Retail Brokered S&L failures S&LA S&Ls that failed savings and loans secondary market Senator GORTON Senator PROXMIRE September 30 short-term Slade Gorton Subcommittee tions total deposits troubled banks uninsured
Popular passages
Page 99 - Let me thank you and the other members of the subcommittee for allowing me to present Merrill Lynch's views and to briefly explain the importance of deposit brokerage. I will be happy to answer any questions you or your colleagues may have. [The complete prepared statement
Page 90 - 1985 Director, Information Services Section Office of the Secretariat Federal Home Loan Bank Board 1700 G. Street, NW Washington, DC 20552 Re:
Page 84 - 1985 Director, Information Services Section Office of the Secretariat Federal Home Loan Bank Board 1700 G Street NW Washington, DC 20552 RE:
Page 200 - 1984, the Federal Deposit Insurance Corporation ("FDIC") and the Federal Home Loan Bank Board ("FHLBB") announced a proposal to severely restrict the deposit insurance of brokered deposits placed in Federally-insured banks and
Page 122 - by the Subcommittee on Commerce, Consumer and Monetary Affairs of the House Committee on Government Operations, as
Page 243 - Honorable Slade Gorton Chairman Subcommittee on Financial Institutions and Consumer Affairs Committee on Banking, Housing, and Urban Affairs 535 Dirksen Senate Office Building Washington, DC 20510
Page 6 - and members of the subcommittee, for giving us this opportunity to express our views on an issue of great importance to the Nation's financial system. I will be pleased to respond to
Page 19 - I know there are those who don't appreciate hearing what I have just said, but so far as I'm concerned it's the simple truth of the matter, and in all honesty it has increased the strains on your Federal Deposit Insurance System for savings institutions.
Page 19 - money to any institution which sought it, in virtually unlimited amounts, which fueled the rapidly made investments and loans that have become very bad assets in some of the most significant thrift failures we have seen.
Page 19 - to believe in fairy tales. The fact is, in far too many cases it was the easy, instantaneous access to very willing money brokers, willing to provide high-priced federally insured money to any