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Office Thrift Supervision Regulator Was also Involved in The Keating Debacle

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benld74 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-23-08 09:49 AM
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Office Thrift Supervision Regulator Was also Involved in The Keating Debacle
http://www.washingtonpost.com/wp-dyn/content/article/2008/12/22/AR2008122201301.html?hpid=topnews


snip
The regulator named in Thorson's letter, Darrel Dochow, was removed from his position yesterday as director of OTS's west division, which supervised Washington Mutual, Countrywide, IndyMac and Downey Savings and Loan, among other banks that have been seized or sold this year.

It is the second time Dochow has been removed from a position as a senior thrift regulator. He was demoted in the early 1990s after federal investigators found that he had delayed and impeded proper regulation of Charles Keating's failed Lincoln Savings and Loan.

Snip

HOW they keep showing up and working for the feds is beyond my comprehension!!!
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Joanne98 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-23-08 09:53 AM
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1. You got to be kidding
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