Financial institutions fraud.
This article reviews three methods by which the federal government may take action in cases involving financial institutions. The first section discusses federal prosecutions of financial institutions fraud under section 1344 of Title 18 of the United States Code,(1) the basic provision under which such crimes are charged. The second...

Financial institutions fraud.
I. INTRODUCTION This article reviews the development and application of three federal criminal statutes that govern offenses by or against financial institutions. Section II analyzes the Bank Fraud Statute, which targets fraud against financial institutions.(1) Section III describes the Financial Institutions Reform, Recovery, and Enforcement Act of...

Financial institutions fraud.
I. INTRODUCTION This Article reviews the development and application of three federal criminal statutes that govern offenses by or against financial institutions. Section II analyzes the Bank Fraud Statute, which targets fraud against financial institutions.(1) Section III describes the Financial Institutions Reform, Recovery, and Enforcement Act of...

Banking on markets.
After the S&L crisis, deposit insurance gets new scrutiny. THE FINAL BILL FOR THE S&L CRISIS is being tallied up, and like the bar tab for a drunken night on the town, it is simultaneously sobering and stomach-churning: at least $200 billion in government funds to pay depositors' claims...

Nice work if you can get it: how Fannie Mae became Washington's biggest power player.
With more than two years yet to go in Bill Clinton's second term -- assuming Reps. Burton and Barr fail in their impeachment crusade -- the pundits are already speculating about what our 42nd president will do post-White House. Facing unemployment at the tender age of 54, Clinton is...

Liberty National Bank.
Neighborhood Banking Like It Used to Be. "Our slogan is neighborhood banking like it used to be," says Stephen R. Jonsson, president and CEO of Liberty National Bank in Bradenton. Evidently the old-fashioned approach, which stresses friendly, personal service and rock-solid integrity, works beautifully in the modern-day world: in...

Despite a tough economy, financial services offer jobs.
Like much of corporate America, the financial services industry is facing challenges. The collapse of energy trader Enron Corp. and the bankruptcy of telecommunications giant WorldCom, Inc., weakened an already declining stock market. Investors, frustrated by more than a year of stock market declines, began selling shares because of...

Motta honored during Pan Pacific Congress.
Appraisal Institute President Thomas A. Motta, MAI, SRA, received the Founder's Technical Excellence Award for his paper titled. "The Real Estate Valuation Professional: Moving from Local Crisis Manager to Global Financial Leader," presented during the recent 21st Pan Pacific Congress of Real Estate Appraisers, Valuers and Counselors held in...

Keys to brokering successful regulation: what the past 15 years have taught us.
It is amazing to think that appraisers have been formally regulated by state and federal agencies for only the past 15 years. These 15 years have been a time of tremendous challenge and change, including at least the following: * the emergence of a state license or...

The 109th Congress: the year of the appraiser.
With appraiser licensing reform, the valuation of non-cash charitable donations (conservation and preservation easements) and appraiser independence on the agenda, the 109th Congress is shaping up to be one of the most active in recent years from an appraiser's perspective. Policy debates that occur this year and next could...