The NCUA Board Met 7/24/2012:
( See below....)
A: 1) * U.S. Central Federal CU
* Wescorp Federal CU
* Southwest Corporate Federal CU
* Members' United Federal CU
* Constitution Corporate Federal CU
* St. Paul Croatian Federal CU
(... but a $67 value!!!)
A: 2) * Material weaknesses in financial reporting* Troubled Debt Restructuring Botch
* Late GAAP & Congressional Reporting
* Arbitrary CUSO & Participation "Rules"
* Unsafe & Unsound Non-Basel Capital Standards
(... but still a $67 value!!!)
A: 3) * Acknowledged lack of consistency
* A "$67" Planning Horizon
* "Last Century" Management Practices
* Congressionally "Recognized" Arrogance
* "(What a) Legacy Leadership"
(... most definitely a $67 value !!!)
"TROUBLING", isn't it...
... and you still don't think there is a need for reform ?
2 comments:
NCUA New Examiner Training Graduation Photo!
What $67 In Planning Gives You!
Your New Highly Trained Examiners Will Be Consistent!
We are back to the staff trying to run the ship. And the leadership from the Chairman's office is a running joke now. Talk about a serious shake up is needed.
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