Commercial Lending…After The Crisis: Back To Basics

  • October 1, 2009

Now that we have digested the fact that most banks' loan portfolios are weaker today than they were two years ago, it's a good time to review a few of the basics of commercial lending.

(Unofficial) Problem Bank List

  • September 22, 2009

I found this list of problem banks published by www.calculatedriskblog.com. This list is sortable and even includes the type of Enforcement Action, the reason and the agency.

Consumer Financial Protection Agency A Bad Idea!

  • August 4, 2009

The American Bankers Association (ABA) and most bankers believe that the creation of a new regulatory agency to oversee consumer protection is a bad idea. The ABA on it's website is "asking all bankers to contact their Members of Congress to let them know that creating creating a new consumer agency is not the solution. It would only complicate our existing regulatory structure by adding another layer of bureacuracy with no guarantee of better consumer protection."

Thinking Of Switching Bank Charters? Think Again

  • July 21, 2009

The FFIEC just issued Statement on Regulatory Conversions that will make it harder for financial institutions subject to enforcement actions to switch charters.

How Will Obama’s Tax Proposals Affect You?

  • May 29, 2009

CCH recently published their Tax Briefing on the Obama Administrations "Green Book" of tax proposals. The Obama administration released much-anticipated details about its proposed tax cuts and revenue raisers on May 11. The Treasury Department’s General Explanations of the Administration’s Fiscal Year 2010 Revenue Proposals (also known as the “Green Book”) describes the administration’s tax agenda.

Grant Thorton Addresses Bank Capital Requirements in Letter to Regulators

  • May 13, 2009

On May 6, 2009 public accounting firm, Grant Thorton sent a letter to Timothy Geithner, Ben Bernanke and Sheila Bair addressing bank capital requirements and the allowance for loan losses. I believe that this letter completely explains the auditor's viewpoint on these two issues and offers the regulators a solution to protecting banks from future losses.

Breathing Easier After Bank Stress Tests? You Shouldn’t

  • May 13, 2009

Largely unnoticed in last week's government report on the condition of the nation's biggest banks was the disclosure that five of them, topped by Bank of America, could lose $99 billion from the kinds of exotic bets that sank the global economy.

Bank Lending Terms Keep Squeeze on Consumers

  • May 5, 2009

Banks tightened lending standards further in the three months to April, adding to the credit squeeze on households and businesses, the Federal Reserve’s senior loan officers survey said on Monday.

Using fringe benefits as an income substitute during the economic downturn

  • May 1, 2009

Many businesses are foregoing salary increases this year because of the economic downturn. How does a business find and retain employees, as well as keep up morale, in the face of this reality? The combined use of fringe benefits and the tax law can help. Some attractive fringe benefits may be provided tax-free to employees and at little cost to employers