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An Update on Emerging Issues in Banking

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For Your Information An Update on Emerging Issues in Banking

2nd Edition of FDIC Letter to Stakeholders

FDIC Chairman Don Powell

October 10, 2002

Dear FYI Reader:

This is the second edition of our quarterly Letter to Stakeholders. This edition highlights the FDIC's success in meeting our priorities during the third quarter of 2002.

During this period, we continued to emphasize our risk-management initiatives and other matters related to the health and stability of the banking industry. We also continued to focus attention on making the FDIC more efficient and responsive to your needs. These efforts position us well to monitor economic trends and take steps to ensure the continued safety and soundness to the institutions we regulate.

Your feedback to our first letter, issued in July, was overwhelmingly positive. Thank you for your candid and timely comments. I encourage you to continue to share your thoughts on the contents of this letter and to visit our Web site at www.fdic.gov for more information.

Sincerely,

Don Powell
Chairman

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Russell Cherry Jcherry@fdic.gov

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All media inquiries should be addressed to:
David Barr, FDIC Office of Public Affairs, dbarr@fdic.gov.


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Last Updated 10/10/2002 fyi@fdic.gov