We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.
In cooperation with Association of Corporate Counsel
  Request new password

Search results

Order by most recent / most popular / relevance

Results: 1-10 of 31

House Oversight and Government Reform Committee issues subpoena to FRBNY regarding AIG

  • Alston & Bird LLP
  • -
  • USA
  • -
  • January 13 2010

Yesterday, Congressman Edolphus Towns (D-NY), Chairman of the House Oversight and Government Reform Committee, issued a subpoena to the Federal Reserve Bank of New York (FRBNY) for documents related to payments made to American International Group (AIG) counterparties

FRBNY releases additional information on assets acquired by Maiden Lane entities

  • Alston & Bird LLP
  • -
  • USA
  • -
  • April 1 2010

Yesterday, the Federal Reserve Bank of New York (FRBNY) publicly released additional information related to the three Maiden Lane entities, which were formed to acquire certain assets of Bear Stearns and to facilitate the restructuring of the government's financial support of AIG

Treasury Secretary Geithner testifies before Congressional Oversight Panel

  • Alston & Bird LLP
  • -
  • USA
  • -
  • April 21 2009

Today, Treasury Secretary Timothy Geithner testified before the Congressional Oversight Panel (COP), which oversees Treasury’s actions in implementing the Troubled Asset Relief Program (TARP

Treasury and other financial regulators issue financial sector self-assessment reviews to IMF

  • Alston & Bird LLP
  • -
  • USA
  • -
  • August 31 2009

Today, the U.S. Treasury and various other U.S. financial system supervisors and regulators, including the Federal Reserve, Office of the Comptroller of the Currency, Office of Thrift Supervision, Federal Deposit Insurance Corporation, Securities and Exchange Commission, Commodity Futures Trading Commission, and National Association of Insurance Commissioners, submitted financial sector self-assessment reviews for banking, securities, insurance, and payment systems to the International Monetary Fund (IMF

Senate Appropriations Subcommittee holds hearing on role of FHA in addressing housing crisis

  • Alston & Bird LLP
  • -
  • USA
  • -
  • April 6 2009

Late last week, the Senate Appropriations Committee’s Subcommittee on Transportation, Housing and Urban Development, and Related Agencies held a hearing today to address the role of the Federal Housing Administration (FHA) in addressing the housing crisis

Obama administration hosts Conference on the Future of Housing Finance

  • Alston & Bird LLP
  • -
  • USA
  • -
  • August 18 2010

As previously announced, the Obama administration yesterday held a "Conference on the Future of Housing Finance" to receive input from a diverse group of experts, including citizen advocacy groups, economists, investors, market researchers, originators, securitizers, servicers, and private mortgage insurers, on critical issues surrounding housing finance reform

Lawmakers intensify demands for special inquiry commission to identify causes of financial crisis

  • Alston & Bird LLP
  • -
  • USA
  • -
  • April 23 2009

Yesterday, the U.S. Senate voted to create an independent bi-partisan Financial Markets Commission (FMC) to investigate the causes of the financial crisis

House Judiciary Subcommittee holds hearing on voluntary mortgage modifications

  • Alston & Bird LLP
  • -
  • USA
  • -
  • December 11 2009

Today, the Subcommittee on Commercial and Administrative Law of the House Judiciary Committee held a hearing entitled "Home Foreclosures: Will Voluntary Mortgage Modifications Help Families Save Their Homes? Part II," in which various witnesses discussed the effectiveness of the government's efforts to prevent additional mortgage foreclosures and encourage modifications of existing loans

New York Fed issues statement regarding counterparties for reverse repo agreements

  • Alston & Bird LLP
  • -
  • USA
  • -
  • March 8 2010

Today, the Federal Reserve Bank of New York (FRBNY) announced the commencement of a program to expand its counterparties for conducting reverse repurchase agreement transactions, pursuant to the FRBNY statement issued last October

Commercial bank assumes all of the deposits of mainstreet savings bank, fsb

  • Alston & Bird LLP
  • -
  • USA
  • -
  • July 19 2010

On Friday, the Office of Thrift Supervision closed Mainstreet Savings Bank, FSB, headquartered in Hastings Michigan, and appointed the FDIC as receiver for the bank