David H. Baris, executive director of the American Association of Bank Directors, wrote to Senate Banking Committee Chairman Donald W. Riegle, D-Mich., last month to protest a Senate measure that would give agencies more time to sue officers and directors of banks and thrifts. Excerpts follow:

The provision, in Title II of the Senate version, would allow the FDIC and the RTC to sue directors of failed banks and savings institutions, "regardless of whether the claim may have been barred under any otherwise applicable statute of limiations at the date of such appointment, unless such claim was barred more than five years before the date of such appointment."

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