ABA president expresses banks’ anger in letter to US Treasury

Victoria Pennington
31 Oct 2008

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

WASHINGTON, DC – In a CEO Alert on October 30, president of the American Banking Association Ed Yingling and chief operating officer Diane Casey-Landry expressed the banking industry's anger over Treasury and the regulators' failure to adequately clarify the provisions and purpose of the Capital Purchase Program (CPP).

In a letter to Treasury secretary Henry Paulson, Yingling indicated that some banks, which had never issued a subprime loan, were being pressurised into participating in the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]