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" ... purposes, but it is our view that the practice of window dressing has impaired the validity of these figures. Although surprise calls do not provide strict comparability of data, this would be less serious from a statistical viewpoint than the consequences... "
"Window Dressing" in Bank Reports: Hearing...88-1...October 2, 1963 - Page 19
by United States. Congress. House. Government Operations - 1963 - 39 pages
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Financial Structure and Regulation, Hearings Before the Subcommittee on ...

United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs - 1973 - 688 pages
...of June 29." 3*7 In a letter to all national banks dated July 3, 1963, the Comptroller stated that surprise calls would serve our supervisory responsibilities...perhaps improving, the statistical worth of the data." With respect to the contrary positions of the Federal Reserve and the FDIC, see NY Herald Tribune,...
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Annual Report of the Comptroller of the Currency to the ..., Volume 101

United States. Office of the Comptroller of the Currency - Banks and banking - 1963 - 526 pages
...has not been followed. During the past 25 years, calls were made on the last business day of June 2 1 times, and on the last business day of December 24...Sincerely, JAMES J. SAXON, Comptroller of the Currency. MAY 28, 1964. Last year this Office substituted Form 103, the Trust Department Annual Report, for Form...
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