"When are the Savings and Loan Crooks Going to Jail?": Hearing Before the Subcommittee on Financial Institutions Supervision, Regulation and Insurance of the Committee on Banking, Finance and Urban Affairs, House of Representatives, One Hundred First Congress, Second Session, June 28, 1990, Volume 4 |
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Common terms and phrases
$50 million additional Administration Administration's allocated amendment appropriate asked assets Assistant Attorney Assistant U.S. Attorneys Attorney General's authority bank fraud bill CARPER Chairman ANNUNZIO Committee Congress convictions coordination criminal activity Criminal Division criminal referrals defendants DENNIS Department of Justice district enforcement efforts failed financial institutions FBI agents FDIC financial crimes financial fraud financial institution fraud FIRREA fiscal Fraud Section fraudulent fraudulent conveyances funding gentleman grand jury hearing HILER HOAGLAND HUBBARD indictments investigations and prosecutions Justice Department KANJORSKI law enforcement legislation loan crooks loan fraud losses MCCANDLESS MCCOLLUM ment OAKAR offenses Office of Thrift percent President priority problem proposed prosecution of financial prosecutors provisions pursue question request Resolution Trust Corporation restitution Richmond RICO S&L crooks S&L fraud savings and loan SCHUMER Secret Service sentences Special Counsel statement subcommittee taxpayers testimony Thank tion U.S. House United States Attorneys white-collar crime Wylie
Popular passages
Page 16 - ... internal and independent auditors. 7In addition to the bank and thrift regulators (the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Home Loan Bank Board) and Justice, the other members of the working group include the National Credit Union Administration, the Farm Credit Administration, and the Federal Bureau of Investigation.
Page 177 - The Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation...
Page 183 - ... (3) investigate the causes of fraud and abuse in the financial services industry; and (4) recommend any other legislative or administrative actions that the Commission determines to be necessary or appropriate. The Commission would be composed of nine members: five persons appointed by the President; two members of the House of Representatives, appointed by the 'Speaker; and two members of the Senate, appointed by the President pro temoore.
Page 117 - System before the Subcommittee on Commerce, Consumer, and Monetary Affairs of the Committee on Government Operations...
Page 139 - In the House of Representatives, action on credit union legislation has been substantially slower. The Credit Union Financial Institutions Act of 1975 (HR 6074) was introduced on April 16 last year by Fernand St Germain, chairman of the Financial Institutions Supervision, Regulation and Insurance Subcommittee of the House Banking, Currency and Housing Committee. Mr. St...
Page 184 - As established by this bill, the commission could not be considered to be a part of any of the three branches and would be in the difficult position of having to serve two masters. Although the branches of government are not "hermetically sealed" from one another, Immigration and Naturalization Service v.
Page 68 - Mr. Chairman and members of the committee, I am pleased to be here today to report to you on the first year of procurement under the new appropriation title "Procurement of ordnance and ammunition, Navy," and to present our fiscal year 1957 plans under this appropriation.
Page 161 - Treasury have directed the creation of a "rapid response team" of specialized attorneys and auditors drawn from the Department's Civil and Criminal Divisions, the Office of Thrift Supervision, the Office of the Comptroller of the Currency, the...
Page 82 - System (Federal Reserve), Federal Deposit Insurance Corporation (FDIC), Office of the Comptroller of the Currency (OCC), and Office of Thrift Supervision (OTS).
Page 83 - ... resources in a given area. The resources of other agencies are also being brought to bear on this problem. The RTC has established an Office of Investigations and a national network of investigative teams. Approximately 300 new investigative staff will be added by the end of this year. The IRS will continue to prosecute aggressively individuals who commit tax fraud involving failed financial institutions. The OTS has recently opened a new regional enforcement office in Jersey City, New Jersey,...