MONDAY
"King, of course, is a regulator, and I have
— Linda Allen, a Baruch College professor, on how regulators such as Bank of England Gov. Mervyn King, and banking executives such as Citigroup's Vikram Pandit, differ on their assessments of Basel III.
TUESDAY
"If you are a director of a troubled community bank and you have had your head in the sand,
— Michael Iannaccone, president of MDI Investments, saying the FDIC's litigation of Heritage Community Bank's directors could lead directly to further distress sales, particularly at banks whose directors and officers lack professional-liability insurance.
WEDNESDAY
"Both
— Talcott Franklin, a Dallas attorney representing mortgage-backed securities investors, noting that force-placed insurance is one of many areas in which investor and homeowner interests are aligned.
THURSDAY
"The
— Fred Cummings, president of Elizabeth Park Capital Management, observing that big banks' dividend increases on their own won't be strong enough to lure investors.
FRIDAY
"In many cases,
— James Gardner, chairman of Commerce Street Capital, defending banks that might be criticized for taking action too quickly by selling.