In the Aug. 31 issue, "U.S. Court of Appeals Upholds Arbitration Clause in Loan Pacts" on page 3 misidentified the law firm that had filed a friend-of-the-court brief in the case in behalf of the American Bankers Association. It was Pepper Hamilton LLP of Philadelphia.
The ABA had mistakenly advised the reporter that Alan S. Kaplinsky, who was quoted in the article, had filed its brief. Mr. Kaplinsky, of Ballard Spahr Andrews & Ingersoll, is an expert in consumer protection issues and often works for the trade group, but he was not involved in this case.
Because of a typographical error, Wednesday's "OTS: Thrifts 'Strong' Despite Profit Drop" on page 20 understated residential mortgages as a percentage of thrift assets in the second quarter. The correct figure is 48.7%, not 8.7%.