Goals of Resolutions and Asset Sales
In a press conference at the Resolution Trust Corporation, the chairman of the Federal Deposit Insurance Corporation, William Seidman,… read more
In a press conference at the Resolution Trust Corporation, the chairman of the Federal Deposit Insurance Corporation, William Seidman, spoke on efforts being taken to aid financially unstable savings and loans and the RTC itself. Congress passed legislation the previous week granting the Resolution Trust Corporation $30 billion to help restore financial security in the ailing institutions. In his remarks, Mr. Seidman announced the RTC’s goal of the sale of $65 billion in assets through the rest of the fiscal year. Over 200 savings and loans are to be sold through the rest of the fiscal year. close
*The transcript for this program was compiled from uncorrected Closed Captioning.
People in this video
- David Cooke Executive Director Resolution Trust Corporation
- Lamar Kelly Deputy Executive Director Resolution Trust Corporation
- William Roelle Director Resolution Trust Corporation->Resolutions and Operations Division
- L. William Seidman Chairman (Former) Federal Deposit Insurance Corporation
Savings and Loan Assets Dissolution
The Resolution Trust Corporation was created after the collapse of a number of savings and loan institutions to oversee…
Resolution Trust Corporation Restructuring
The subcommittee heard testimony on proposals to restructure the Resolution Trust Corporation, a corporation created by…
Real Estate Holdings of Failed Thrifts
The Advisory Board gave its results to the Oversight Board which is the head of the Resolution Trust…
The committee heard testimony from Mr. Seidman concerning appropriations for the FSLIC Resolution Fund.