Donald Powell
Donald Powell
Donald Powell Distinguished Service Orderwas an officer in the British Indian Army during World War I and World War II...
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I've talked to people in all walks of life, from elected officials ... to the guy who repaired my shoes.
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Credit losses are very low now, but mortgage lenders need to be prepared for higher losses,
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This new position allows me to continue to serve my country and help the many people who have had their lives turned completely upside down,
work
That work is being done as we speak.
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Like the rest of the economy, banks are feeling the effects of the recession, as well as the aftershocks of the terrorist attacks on America in September,
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The American public knows that the banking sector has had record profits for the last four years. It's an opportunity to be generous.
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Today the president is requesting another $1.5 billion.
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I am aware that there is a great deal of public interest in the Wal-Mart Bank application; however, I believe it is important that the application be processed in a manner that is consistent with current law,
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Sean has been a guy who has reached out to me. He seems to have a sense of urgency about this.
commitment
Should the commitment not be there, it would be as if there were no protection.
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We just don't know. I would hope it would take fewer years.
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The president is committed to rebuilding the Gulf Coast.
enable people
This will enable people to get on with their lives.
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There are many things consumers and business owners can do now and in the coming weeks to help put their financial houses back in order in the wake of the Hurricane Katrina, ... The FDIC is doing what we can to try to keep this natural disaster from turning into a financial disaster for all the people harmed by Katrina.