Word: bowsher
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Dates: during 1990-1999
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...least commercial banks were safe and sound. Or were they? The way things are going, the Federal Deposit Insurance Corporation, which insures commercial bank deposits, may have to be renamed the Future Disaster Inevitable Corporation. In grim testimony before the House Banking Committee last week, Comptroller General Charles Bowsher warned, "Not since it was born in the Great Depression has the federal system of deposit insurance for commercial banks faced such a period of danger as it does today...
...Bowsher, citing a General Accounting Office report, said the failure of a single major bank or the onset of a recession could wipe out the FDIC's insurance fund, which has only $12 billion or so on hand to cover the $2 trillion in insured deposits in commercial banks. And if the fund was exhausted, the government might have to provide a bailout with taxpayer money. Just a day after Bowsher's testimony, the Congressional Budget Office predicted that even without a recession, some 630 banks will fail over the next three years and drain the FDIC of more than...
During his confirmation hearings, Ryan, a former Labor Department lawyer, readily conceded that he knows little about the thrift industry or the S&L cleanup, the cost of which Comptroller General Charles Bowsher estimated last week at up to $500 billion. If Ryan was in an awkward position, so were some of his Senate inquisitors, who are themselves under a cloud in the S&L mess. They are accused of favoritism toward thrift owner Charles Keating Jr., who made sizable contributions to their campaigns -- and who was a rapt spectator at the Senate hearings...
...Eric Carter 6 4-11 .364 0-0 .0004-11 .364 8 1.3 0 1 012 2.0 Matt McClain 10 6-28 .2140-5 .000 1 -4 .250 6 0.6 9 6 0 13 1.3 Steve Bowsher 4 2-6 .333 0-0 .0000-2 .000 6 1.5 4 0 04 1.0 Brian Machey 7 2-9 .222 0-4 .0002-2 1.000 6 0.9 4 0 06 0.9 Ian Smith 17 5-14 .357 1-2 .50017 1.0 8 1 0 14 0.8 TOTALS...
...Eric Carter 6 4-11 .364 0-0 .0004-11 .364 8 1.3 0 1 012 2.0 Matt McClain 10 6-28 .214 0-5 .0001-4 .250 6 0.6 9 6 013 1.3 Steve Bowsher 4 2-6 .333 0-0 .0000-2 .000 6 1.5 4 0 04 1.0 Ian Smith 15 5-13 .385 1-2 .5003-6 .500 16 1.1 8 1 014 0.9 Brian Mackey 7 2-9 .222 0-4 .0002-2 1.000 6 0.9 4 0 06 0.9 TOTALS...