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Department of the Treasury, Executive (1 - 2 of 2 items)
Transition Series: Financial Services Industry Issues
OCG-89-4TR: Published: Nov 1, 1988. Publicly Released: Nov 1, 1988.
GAO summarized information on issues the federal government should consider relating to the financial services industry, including the: (1) handling of troubled financial institutions; (2) regulation of mergers between banking and nonbanking institutions; (3) regulation of linked securities and futures markets; and (4) regulation of global capital markets.GAO noted that: (1) almost a third of the...
Thrift Industry: The Treasury/Federal Home Loan Bank Board Plan for FSLIC Recapitalization
GGD-87-46BR: Published: Mar 3, 1987. Publicly Released: Mar 3, 1987.
Pursuant to a congressional request, GAO discussed the need for a recapitalization of the Federal Savings and Loan Insurance Corporation (FSLIC) and analyzed a recapitalization plan that the Department of the Treasury and the Federal Home Loan Bank Board (FHLBB) proposed.GAO found that FSLIC is in dire need of recapitalization because: (1) its primary reserves have fallen below $2 billion; (2) it...