Comments of the Week: <span style="white-space: nowrap">Sept. 10 - 14</span>
September 14, 2012 8:29 AM
(Image: Thinkstock)
On Rep. Scott Garrett's criticism of recent Federal Reserve Board moves:
"At least the Fed has acted; exceptional times and a 'do nothing but bicker' Congress demand bold action."Related Article: Garrett Pushes Stripping Fed's Bank Supervisory Power Pictured: Ben Bernanke(Image: Bloomberg News)
On whether another round of quantitative easing will be effective:
"Bernanke is only a lightning rod for this mess. The inept partisan-bound Congress must act in a nonpartisan manner to avoid the 'cliff.'"Related Article: Community Bankers Object to More Quantitative Easing (Image: Thinkstock)
On Elizabeth Warren's speech at the Democratic Convention:
"If you like the past four years of regulation, you will love the next four years of additional regulations. There are no community banks on Wall Street!"Related Article: Elizabeth Warren's Warped Reality (Image: Bloomberg News)
On Warren's role in creating the Consumer Financial Protection Bureau:
"Lizzie Warren took an axe and gave the mega-banks forty whacks. When she saw what she had done, she gave the community banks forty-one."Related Article: Elizabeth Warren's Warped Reality (Image: Bloomberg News)
On Warren's role in creating the Consumer Financial Protection Bureau:
"If you don't want Dodd-Frank and [the] CFPB, conduct business in a way that doesn't make them absolutely necessary."Related Article: Elizabeth Warren's Warped Reality Pictured: Richard Cordray(Image: Bloomberg News)
On allowing credit unions to raise capital:
"If credit unions want to be able to raise supplemental capital, they should have to pay taxes like other for-profit companies."Related Article: Credit Union Capital Requirements Stifle Access to Credit (Image: Thinkstock)
On allowing credit unions to raise capital:
"Current law makes it difficult for some healthy, well-managed credit unions to fully assist in the recovery."Related Article: Credit Union Capital Requirements Stifle Access to Credit (Image: Thinkstock)
On allowing credit unions to raise capital:
"If it looks like a bank and acts like a bank, call it a bank."Related Article: Credit Union Capital Requirements Stifle Access to Credit (Image: Thinkstock)
On the problems threatening to sink Basel III:
"Let us hope that Basel III, in its present form, cannot be saved."Related Article: Can Basel III Be Saved? (Image: Thinkstock)
On the new Fannie Mae and Freddie Mac framework to prevent mortgage putbacks:
"The devil is in the details of how this can be done on a large scale basis without substantially slowing down the securitization process."Related Article: FHFA Releases Guidance to Deter Putbacks (Image: Fotolia)
On BB&T's plans to add more branches:
"Most people want the ability to interact with a real, live human being at the institution that holds their money."Related Article: The Branch Killers Have It Backwards in Eyes of BB&T's King (Image: Thinkstock)
On Dodd-Frank whistle-blower provisions:
"There should be back pay and other incentives to encourage individuals to report fraud … it would not make sense to report something to lose a six figure job."Related Article: Dodd-Frank Provisions Cause Whistle-Blower Dilemma (Image: Thinkstock)
On Dodd-Frank whistle-blower provisions:
"One significant hole in the whistleblower protections [in] Dodd-Frank is that it provides little if any protection for anti-money laundering (AML) professionals inside of most banks."Related Article: Dodd-Frank Provisions Cause Whistle-Blower Dilemma (Image: Thinkstock)
On Barney Frank's criticism of Mitt Romney's stance on financial reform:
"What we really need is an agency to protect the nation from Congress itself."Related Article: Frank Rips Romney Over Financial Reform (Image: Thinkstock)
On community banks' inability to distinguish themselves from Too Big To Fail banks:
"Many of the people who are up in arms against the banksters don't make distinctions. To them, a banker is a banker and all banks are bad because they are capitalists."Related Article: Stuck in the Middle? Group Advocates for Not-So-Little Community Banks (Image: Fotolia)
On the reach of social media:
"I read this article as a result of a Twitter feed."Related Article: Social Media Tools Help Banks Discover, Recruit Talent
