MONDAY
"The U.S. economy is
— Christopher Whalen, managing director at Institutional Risk Analytics, in a note on Bank of America Corp.'s earnings.
TUESDAY
"We might come to a point where you can walk into a bank with dollars and walk out with '
— John Durso Jr., a banker and chairman of the Ardmore Initiative, on the advent of a local currency in his Pennsylvania community.
WEDNESDAY
"I think this is one of those areas where we're not going to know how it works until
— Kathleen Collins, Washington counsel to the Bank Insurance and Securities Association trade group, on the Federal Reserve's new powers to examine functionally regulated affiliates.
THURSDAY
"We expect subdued loan demand for a while longer. … We're seeing
— Ralph Babb, Comerica chairman and chief executive, backpedaling from the bullish outlook he gave on lending in April.
FRIDAY
"In the abstract, there shouldn't be any problem with posting records of meetings that have occurred. But what we have experienced is that
— Jan Witold Baran, a partner at Wiley Rein, saying President Obama's policies to publicize meetings have discouraged administration officials from meetings with lobbyists. The FDIC is planning to disclose the names of individuals and groups that meet with agency officials about the Dodd-Frank Act.
