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Category Archives: asides

Federal Reserve Publishes Bank Director’s Desktop

The Federal Reserve has published an online reference site for directors titled the Bank Director’s Desktop.  The site includes training and reference materials for new and experienced bank directors from all of the federal regulators.

Impact of TARP Capital on Community Banks

As of September 30, 2008, there were 7,716 banks in the United States with total assets of less than $1 billion.  Fewer than 200 of these institutions have received TARP Capital infusions through January 23, 2009.

Sub S TARP Capital Terms to be Announced Wednesday

On January 13, 2009, Treasury Assistant Secretary Kashkari announced that the Treasury has completed a term sheet for Subchapter S corporations to participate in the TARP Capital Purchase Program. He stated that the term sheet for Subchapter S corporations will be posted on the Treasury website on Wednesday, January 14, 2009. The application period is expected to open at that time and remain open for 30 days.

Powell Goldstein Merges with Bryan Cave LLP

On January 1, 2009, Powell Goldstein LLP merged with Bryan Cave LLP.  You can read more about the merger here.