Thought I might repost (from 3/5/2014) this one on
Mike Fryzel given Mr. Mark McWatters' recent CUTimes (8/18/2015) opinion piece (see here).
Mike Fryzel given Mr. Mark McWatters' recent CUTimes (8/18/2015) opinion piece (see here).
[Mr. McWatters is different; he favors the truth.]
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| Mr. Mike Fryzel |
It may come as quite a surprise to some of you, but I received a personal note last week from NCUA Board member Mike Fryzel. The note said:
Dear Jim,
I think you are a very fine person, despite what others say about you.
Sincerely,
Mike Fryzel
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| "Just for safe keeping." |
The first time I met Mike Fryzel was in the Fall of 2008. He had just been appointed to the Chair of the NCUA Board by President Bush. He walked on to the national stage and directly into the middle of a dangerous, financial catastrophe of uncertain proportions - with even the most optimistic estimate being "extremely bad"! Mike Fryzel inherited an absolute mess from his predecessors at NCUA, triggering a domino collapse of the Corporate system which bankrupted the NCUSIF.
You will always discover the true character and integrity of a person in times of great stress and uncertainty. Credit unions were more than fortunate to have a seasoned, thoughtful leader take the NCUA helm in the midst of this crisis. There was no sure course nor direction, no proven path to provide guidance. Fryzel had to listen, learn, reflect, and decide - and then have the courage to act. "Under fire" not all decisions will be right - and not all were - but the credit union movement did, under Mike Fryzel's leadership, survive to fight another day.
For those of you who don't know it, Mr. Fryzel - lawyer, Illinois regulator, experienced businessman - hails from Chicago, "America's Second City". As to his leadership role at NCUA….
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| Heading home... to his "kinda town"! |
…. Mr. Fryzel you are "second" to no one.
... and Thank You for that!
(And Mike, I think you're a very fine person, despite what others say about you…)
17 comments:
Less than 18 months to go on the Bewitching One. Counting down!
Definitely been all downhill since Fryzel stepped down as chairman.
Just another example of what you get with Obama, "DebbieCare".
If you don't like your regulator, you still have to keep her!
Vote RIGHT in November!
Is there anything LEFT of Obama?
Tough act to follow
At least he understood what Credit Unions are all about
It is refreshing to read an unfiltered version of events during the corporate crisis. I am constantly amused by certain people who jumped on the bandwagon after the fact and take sole credit for programs put in place under Fryzel's leadership.
We only keep the bewitching one until her term ends next year the sooner the better for credit unions. Blaine you should get on the NCUA Board. They could use your experience.
Being on the NCUA Board would enhance the reputation of neither side!!
Say Amen!
Amen!!
You're half right about joining the NCUA Board.
How about Metsger for Chairman at least he is not like Matz who takes all the credit for everything and gives none to staff or anyone else for that matter. She is just a power hungry politician clueless about credit unions. We need to unite as an industry and fight the NCUA head on.
Thought we needed to "Unite for Good"???
Redheads Rock !
Hasn't been an honest "listening session" at NCUA since Mike stepped down.
1 out of 3 ain't bad
Batting over 300, 1 out of 3, will get you in the Hall Of Fame!
1 out of 3 decision being correct, will only get you in the Hall of Shame!
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