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FDIC Federal Register Citations



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FDIC Federal Register Citations


From: Will Kemper [mailto:will@cohorealty.com]
Sent: Wednesday, September 01, 2004 7:56 PM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50

One of the biggest differences between America and developing countries is the ease of access to capitol for everyday citizens. Home ownership rates in the US dwarf rates in developing Asia for example and small businesses here flourish while a few companies control a majority of the commerce in places like South Korea. To what extent the CRA is responsible for regular Americans having access to capitol I am not sure, but if it isn’t broken…don’t try to fix it.

The banks are lobbing hard to save costs and to free up their money for the easiest to manage highest return investments, who is lobbying to make the US the strongest, freest nation on earth, hopefully you are at the FDIC.

Please don’t increase the threshold to be defined as a small bank.

Will Kemper
206-234-7009
www.cohorealty.com

Last Updated 09/02/2004 regs@fdic.gov

Last Updated: August 4, 2024