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BANKING SUPERVISORY AGENCIES TO ARRANGE INTERSTATE ACQUISITIONS AND MERGERS FOR FAILED AND FAILING BANKS

HEARINGS

BEFORE THE

SUBCOMMITTEE ON FINANCIAL INSTITUTIONS
SUPERVISION, REGULATION AND INSURANCE

OF THE

COMMITTEE ON
BANKING, FINANCE AND URBAN AFFAIES
HOUSE OF REPRESENTATIVES

NINETY-NINTH CONGRESS
SECOND SESSION

ON

H.R. 4701

A BILL TO PRESERVE THE AUTHORITY OF THE FEDERAL BANKING SUPERVISORY AGENCIES TO ARRANGE INTERSTATE ACQUISITIONS AND MERGERS FOR FAILED AND FAILING BANKS, AND FOR OTHER PURPOSES

MAY 1, 6, 7, AND 8, 1986

Serial No. 99-72

Printed for the use of the Committee on Banking, Finance and Urban Affairs

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For sale by the Superintendent of Documents, Congressional Sales Office
U.S. Government Printing Office, Washington, DC 20402

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FERNAND J. ST I HENRY B. GONZALEZ, Texas FRANK ANNUNZIO, Illinois PARREN J. MITCHELL, Maryland WALTER E. FAUNTROY, District of

Columbia STEPHEN L. NEAL, North Carolina CARROLL HUBBARD, Jr., Kentucky JOHN J. Lafalce, New York STAN LUNDINE, New York MARY ROSE OAKAR, Ohio BRUCE F. VENTO, Minnesota DOUG BARNARD, Jr., Georgia ROBERT GARCIA, New York CHARLES E. SCHUMER, New York BARNEY FRANK, Massachusetts BUDDY ROEMER, Louisiana RICHARD H. LEHMAN, California BRUCE A. MORRISON, Connecticut JIM COOPER, Tennessee MARCY KAPTUR, Ohio BEN ERDREICH, Alabama SANDER M. LEVIN, Michigan THOMAS R. CARPER, Delaware ESTEBAN E. TORRES, California GERALD D. KLECZKA, Wisconsin BILL NELSON, Florida PAUL E. KANJORSKI, Pennsylvania BART GORDON, Tennessee THOMAS J. MANTON, New York JAIME B. FUSTER, Puerto Rico

*J, Rhode Island, Chairman
CHALMERS P. WYLIE, Ohio
STEWART B. McKINNEY, Connecticut
JIM LEACH, Iowa

NORMAN D. SHUMWAY, California
STAN PARRIS, Virginia
BILL McCOLLUM, Florida
GEORGE C. WORTLEY, New York
MARGE ROUKEMA, New Jersey
DOUG BEREUTER, Nebraska
DAVID DREIER, California
JOHN HILER, Indiana
THOMAS J. RIDGE, Pennsylvania
STEVE BARTLETT, Texas
TOBY ROTH, Wisconsin
ROD CHANDLER, Washington
AL McCANDLESS, California
JOHN E. GROTBERG, Illinois
JIM KOLBE, Arizona
J. ALEX MCMILLAN, North Carolina

Subcommittee On Financial Institutions Supervision, Regulation And

Insurance

FERNAND J. ST GERMAIN, Rhode Island, Chairman

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