Word: bankes
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...Tired, discouraged, worried about health and money, Bertrand Snell, 67, Republican leader in the House, announced that after 24 years he would quit Congress, go back to his bank, insurance company and pump plant in northwestern New York...
...Only 50% instead of 100% for net depreciation of defaulted and doubtful loans will be used in computing a bank's net sound capital...
...months ago Franklin Roosevelt said he wanted the various systems of bank examinations standardized. Last week from this acorn had sprung an oak: exams were not only unified but the banks' lending policies had been greatly changed by a new extension of New Deal credit control...
That four different systems of examinations-by the Federal Reserve, Federal Deposit Insurance Corp., the Comptroller of the Currency, and the States-bothered bankers was only one of the reasons the Administration wanted them unified. Of more immediate concern was a belief that the various stiff restrictions on bank investments might explain the fact that today U. S. banks have $2,780,000,000 in excess reserves sitting idle. This second idea of Mr. Roosevelt's did not appear until last fortnight. Until then a committee of underlings had been absorbed solely in the technicalities of unifying the existing...
...immediately apparent that Acting Comptroller Marshall Diggs, FDIC Chairman Leo Crowley and Secretary of the Treasury Morgenthau preferred to regard bank regulations as safeguards for depositors. Last week, after hot & heavy debate, the four reached a compromise "through the usual democratic processes of give & take." The National Association of Supervisors of State Banks approved. So did Franklin Roosevelt. The new rules go into effect July first. Important changes...