"Our actions, taken together, saved you hundreds of millions of dollars. Yes, you heard me correctly. NCUA's actions have saved you hundreds of millions of dollars in additional insurance premiums."
Chairman Debbie Matz
Remarks to the CUNA
Governmental Affairs Conference
February 28, 2011
H-m-m...? Maybe so, but what about the $25 billion that wasn't "saved"....
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| Well, in truth, it really wasn't quite "as bad" as the Titantic, but it sure is hard to see the "savings".... (Their Captain is in jail, ours is...) |
2 comments:
Still at NCUA....I have been around a very long time can't remember when we had such a weak Chairman.
Don't want to get a reputation as an "apologist" for the NCUA, but the "Captain(and crew)" are rarely "on the Board"...."On the Bridge" is very different than "on the Board" in terms of direct, first-line responsibility.
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