CRA Examiners Find Fewer Non-Compliant Banks in First Half
July 14, 2008
Community Reinvestment Act examiners with three federal banking agencies found not a single non-compliant bank or thrift during the first half of 2008. The last time that happened was in 2004, with the same agencies, according to Inside Regulatory Strategies’ mid-year analysis of CRA ratings. At the half-year mark, the Office of Thrift Supervision... [Includes two charts]
Some SWFs in other countries have extensive ownership interests in major corporations and sweep much of their profits into state coffers.
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