Quotations
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David Barr Quotes
«The risk assessments provide bankers with more flexibility to tailor security measures to better safeguard their customers . . . than would a mandate from regulators.»
Author: David Barr
«It's up to the individual banks as to when they ratchet those (relief measures) down. Some are starting to cut back a little.»
Author: David Barr
«It's really hard to gauge timing. A lot depends on what negotiations might have to be made and whether we need more information from the applicant.»
Author: David Barr
«The benefit is if you have inflation, the deposit insurance limit will not be eroded and keep up. And if you have periods of relatively low inflation, that low inflation wouldn't be eroding or eating away at the insurance limit.»
Author: David Barr
«There has been quite a bit of interest and that's why we want to hold these hearings.»
Author: David Barr
«We have had some failures in the past where people have had considerable amounts of money in individual retirement accounts. They've suffered significant losses. But that coverage will go up to $250,000 per person when we change this rule.»
Author: David Barr
«It literally failed overnight from fraud. Half the assets were completely gone. A lot of retirees lost their money.»
Author: David Barr
«This is a way of ensuring that inflation will no longer chip away at the amount of deposit insurance coverage.»
Author: David Barr
«It is likely we will issue rules this year, but we don't have a precise timetable.»
Author: David Barr
«We don't reject that many applications.»
Author: David Barr