December 2008
2009: A Tough Year for the Banking Industry Calls for Tough Action by Bankers
By John Ginovsky
The coming year will be the most important one for the banking industry since the 1930s, and ABA's leaders are calling on all bankers to become personally active on behalf of the industry's interests. More >>
Regulatory/Legislative Roundup
By ABA Staff
Two ABA members told an OTS roundtable that multiple solutions are needed to keep distressed homeowners out of foreclosure … SEC Chairman Christopher Cox signaled that while the agency is unlikely to suspend the mark-to-market accounting rules, it will refine them … ABA has developed message points for banks to use with customers, investors or reporters when explaining their institution's decision to participate -- or not participate -- in FDIC's Temporary Liquidity Guarantee Program … More >>
Cease-and-Desist Orders Cease to Exist
By Keith Leggett
As the economy weakened this year, the number of problem credit unions has jumped but not the number of enforcement actions taken by the National Credit Union Administration against troubled credit unions. More >>
What It Will Take to Go Green
By John Ginovsky
All those inconvenient truths of drowning polar bears, shrinking glaciers and rising shorelines may make headlines, but only one thing will make energy conservation an everyday reality in the near term -- cost savings. More >>
Bankers x Students = Million-Child Challenge
By Laura Fisher
Do the math: The more bankers who become actively involved in ABA's Teach Children to Save Day, April 21, the better off everybody will be -- children, parents, customers, communities and banks. Read more and sign up now. More >>
Parting Words
"This program has had more twists and turns than a mountain road, and it is difficult for the industry to keep up."
-- ABA President and CEO Ed Yingling, on Treasury's TARP, in the American Banker newspaper.
