David Barr
David Barr
capital cushion good
They've got a good cushion of capital there.
consistent david good influence played positive signing terrific year
And David Barnes played a very good innings. He has been a terrific signing for us and has been very consistent all year as well as being a positive influence to the team.
continues good industry number progress
The industry is making very good progress. The number of institutions (whose readiness) is unsatisfactory continues to decline.
bit hold interest quite
There has been quite a bit of interest and that's why we want to hold these hearings.
houses overly time together
We're not overly concerned. There is still time for them to get their houses together and we are monitoring them closely.
behind decision delay hearing hold needs scenes
We don't think that this will delay a decision on the application. There's still a lot that needs to be done behind the scenes on the application. While we're doing that, we can hold a hearing simultaneously.
appreciation both chairman extend hard secretary work
We will need to find a new chairman and secretary and I would like to extend my appreciation to both of them for all their hard work over the years.
received
We've received 1,150 comments. Usually, if there are more than a half-dozen comments, that is high.
early estimates financial loss
too early to have any estimates of the financial loss to banks.
computer earlier financial fishing january month personal spread
One that went out in January was fishing for personal financial information. One earlier this month spread a computer virus.
issue likely precise rules
It is likely we will issue rules this year, but we don't have a precise timetable.
cents excess past received
Historically, over the past 10 to 12 years, depositors with excess of $100,000 received 72 cents on the dollar.
balance criminals ease people separating
We have to balance the ease and convenience with security. If we don't do anything, criminals will become more sophisticated in separating people and their money.
disagree facts strongly supported
We strongly disagree with the ruling. It's not supported by the facts of the case.