Proposed restrictions on money brokers: hearing before a subcommittee of the Committee on Government Operations, House of Representatives, Ninety-eighth Congress, second session, March 14, 1984
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Hearing held on March 14 1984
Sidley Timothy T executive vice president Interfirst Bank N A Dallas
Letters statements etc submitted for the record by
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abuses accounts assets bank failures banks and thrifts Barnard believe benefits Benston brokerage firms brokered deposit market brokered funds capital CD's certificates of deposit Chairman commercial banks Comptroller concerns Congress cost credit unions deposit accounts deposit brokers deposit insurance agencies deposit insurance system depository institutions deregulation Doug Barnard effect FDIC and FSLIC federal deposit insurance Federal Home Loan Federal insurance Federal Reserve financial institutions FS&LA growth Home Loan Bank increase industry insurance agencies Insurance Corporation insurance coverage insured banks insured brokered deposits insured deposits insured institutions interest rates investments investors Isaac issue legislation liabilities limit Loan Bank Board market discipline maturity Merrill Lynch million money brokers money market National Bank Penn Square Bank percent placed premiums problem banks proposed rule question regulatory reporting risk S&Ls savings and loan Spratt Subcommittee supervisory thrift institutions tions total deposits uninsured Vasey