Tag Archives: Capital
Grant Thorton Addresses Bank Capital Requirements in Letter to Regulators
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. Continue reading
Posted in Accounting & Auditing, Community Banking, Lending, Regulatory Issues
Tagged ALLL, Capital, Community Banking, Regulatory Issues
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