SPEAKER INDEX CONTENTS INSERTS ABBATE 73 82 85 86 89 90 91 92 BEARD 77 86 87 88 93 BENTSEN 61 62 63 64 BEREUTER 9 BUCK 34 56 57 66 CARNELL 23 45 47 49 53 54 61 63 64 65 CUNNINGHAM 99 FOSSELLA 65 67 HAMMOCK 94 96 97 98 99 KANJORSKI 68 KELLY 15 18 MCCOLLUM 19 21 MCTAGGART 42 METCALF 10 11 58 59 60 61 87 88 89 90 91 97 112 MEYER 27 47 51 52 58 59 60 62 67 MONTGOMERY 99 ROUKEMA 1 9 11 15 18 19 21 22 23 26 29 33 38 41 44 47 48 49 56 58 61 65 67 69 72 77 81 82 87 92 93 94 96 97 98 99 102 103 106 108 111 112 SAUNDERS 103 109 110 111 SMITH 70 84 85 87 88 89 91 93 TANOUE 38 48 50 VENTO 7 50 51 53 54 55 56 57 83 84 85 86 98 107 108 110 111 WILLIAMS 30 55 66 CONTENTS SPEAKERS INSERTS STATEMENT OF THE HON. JACK METCALF, A REPRESENTATIVE IN CONGRESS FROM THE STATE OF WASHINGTON PAGE 10 STATEMENT OF HON. SUE W. KELLY, A REPRESENTATIVE IN CONGRESS FROM THE STATE OF NEW YORK PAGE 15 STATEMENT OF HON. BILL McCOLLUM, A REPRESENTATIVE IN CONGRESS FROM THE STATE OF FLORIDA PAGE 18 STATEMENT OF HON. RICHARD S. CARNELL, ASSISTANT SECRETARY FOR FINANCIAL INSTITUTIONS, DEPARTMENT OF THE TREASURY PAGE 23 STATEMENT OF HON. LAURENCE H. MEYER, MEMBER, BOARD OF GOVERNORS, FEDERAL RESERVE SYSTEM PAGE 26 STATEMENT OF HON. JULIE L. WILLIAMS, ACTING COMPTROLLER, OFFICE OF THE COMPTROLLER OF THE CURRENCY PAGE 30 STATEMENT OF CAROLYN BUCK, CHIEF COUNSEL, OFFICE OF THRIFT SUPERVISION PAGE 34 STATEMENT OF HON. DONNA TANOUE, CHAIRMAN, FEDERAL DEPOSIT INSURANCE CORPORATION PAGE 38 STATEMENT OF HON. TIMOTHY R. McTAGGART, BANK COMMISSIONER, STATE OF DELAWARE, ON BEHALF OF THE CONFERENCE OF STATE BANK SUPERVISORS PAGE 42 STATEMENT OF JAMES E. SMITH, PRESIDENT AND CEO, UNION STATE BANK & TRUST, CLINTON, MO, ON BEHALF OF THE AMERICAN BANKERS ASSOCIATION PAGE 70 STATEMENT OF ANTHONY S. ABBATE, PRESIDENT AND CEO, INTERCHANGE BANK, SADDLE BROOK, NJ, ON BEHALF OF THE INDEPENDENT BANKERS ASSOCIATION OF AMERICA PAGE 73 STATEMENT OF E. LEE BEARD, PRESIDENT AND CEO, FIRST FEDERAL BANK, HAZELTON, PA, ON BEHALF OF AMERICA'S COMMUNITY BANKERS PAGE 77 STATEMENT OF REX HAMMOCK, HAMMOCK PUBLISHING, NASHVILLE, TN, ON BEHALF OF THE NATIONAL FEDERATION OF INDEPENDENT BUSINESS PAGE 94 STATEMENT OF ARTHUR R. CUNNINGHAM, SENIOR ASSISTANT TREASURER, PIONEER HI-BRED, INC., JOHNSTON, IA, ON BEHALF OF THE TREASURY MANAGEMENT ASSOCIATION PAGE 99 STATEMENT OF MARGOT SAUNDERS, MANAGING ATTORNEY, NATIONAL CONSUMER LAW CENTER, INC. PAGE 103 INSERTS SPEAKERS CONTENTS NO INSERTS IN THIS HEARING