Wednesday, November 16, 2011

A Good Man....

"All that is necessary for the triumph of evil is that good men do nothing."
- Edmund Burke

NCUA Board member Mike Fryzel provides an interesting defense of the NCUA's "Don't Worry, Be Happy Plan" for the upcoming "free exit" of credit unions from the NCUSIF.  Well worth a read in the November, 2011 edition of "The NCUA Report" (on page 4, "Common Sense Approach Is Always Best").

If you want to see what all the bluff and bluster is about take a look at "NCUA Strategically Defaults".

In this instance, no one should question that Mike Fryzel is most definitely a good man....

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