Investigation of Lincoln Savings & Loan Association: hearings before the Committee on Banking, Finance, and Urban Affairs, House of Representatives, One Hundred First Congress, first session ....U.S. Government Printing Office, 1990 |
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Palavras e frases frequentes
ACC's acquisition additional affiliates agreement AMCOR Funding AMCOR Investments amount analysis appraisal approval approximately assets association association's Bank Board Board of Directors book value borrower capital cash flow Charles Keating classified common stock consolidated Crescent Hotel Date debt December 31 deposits direct investment Dochow Docket documents Drexel Drexel Burnham Lambert earnings equity securities ESOP examination expenses Federal Home Loan FHLBank FHLBB FSLIC GAAP Home Loan Bank income institution issue July 11 June 30 junk bonds Keating Family Keating Jr Kielty liabilities Lincoln Savings LINFIN loss March Memorandum million mortgage mortgage-backed securities notes officers operating Option ORPOS partnership payments percent Phoenician policies portfolio preferred stock profits purchase regulatory result risk Savings and Loan September 30 service corporations shares sold subsidiary Substandard substantial Supervisory Agent Total transactions treasury stock unconsolidated underwriting violation Wischer worth
Passagens conhecidas
Página 220 - ... appear adequate for the present but certain protective elements may be lacking or may be characteristically unreliable over any great length of time. Such bonds lack outstanding investment characteristics and in fact have speculative characteristics as well. Ba Bonds which are rated Ba are judged to have speculative elements; their future cannot be considered as well-assured.
Página 221 - Bonds which are rated B generally lack characteristics of the desirable investment. Assurance of interest and principal payments or of maintenance of other terms of the contract over any long period of time may be small. Caa Bonds which are rated Caa are of poor standing. Such issues may be in default or there may be present elements of danger with respect to principal or interest.
Página 320 - ... in connection with the granting of any application or other request by the bank, or any written agreement entered into with the agency, the agency may issue and serve upon the bank a notice of charges in respect thereof.
Página 220 - Often the protection of interest and principal payments may be very moderate and thereby not well safeguarded during both good and bad times over the future. Uncertainty of position characterizes bonds in this class. B Bonds which are rated B generally lack characteristics of the desirable investment. Assurance of interest and principal payments or of maintenance of other terms of the contract over any long period of time may be small.
Página 320 - ... is about to violate, a law, rule, or regulation, or any condition imposed in writing by the...
Página 466 - FIRREA abolished the Federal Savings and Loan Insurance Corporation (FSLIC) and the Federal Home Loan Bank Board (FHLBB).
Página 482 - Darrel Dochow Executive Director, Office of Regulatory Policy, Oversight and Supervision Lincoln Savings and Loan Association...
Página 320 - ... shall forfeit and pay a civil penalty of not more than $1,000 per day for each day during which such violation continues.
Página 415 - Lincoln. Criminal referrals have been made. On the first subject the Justice Department already has declined. On the second subject of back-dating, while it is clear that someone there made a real effort to indicate that documents and transactions were done at a date earlier than we believe they were, once again there are jj defenses, there are explanations that are plausible.
Página 221 - CC are regarded, on balance, as predominantly speculative with respect to capacity to pay interest and repay principal in accordance with the terms of the obligation. BB indicates the lowest degree of speculation and CC the highest degree of speculation.