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Thursday, September 13, 2012

4:00 PM -

TAG: EXTEND IT – OR END IT?

Moderator: Alan Kline, Editor, AMERICAN BANKER
Ronald D. Paul, Chairman of the Board of Directors and Chief Executive Officer, EAGLE BANCORP, INC. AND EAGLEBANK
Oliver Ireland, Partner, MORRISON & FOERSTER
Joshua Siegel, Managing Principal, STONECASTLE PARTNERS

The FDIC’s Transaction Account Guarantee program was never intended to be permanent and it is set to expire for good on Dec. 31. While many say that the program has run its course, others – community bankers in particular – argue that if it ends now many business clients will shift their deposits from small banks to large ones perceived to be too big to fail. In this panel discussion, bankers and other experts will examine the pros and cons of TAG and what extending it, or ending it, would mean for the industry.

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