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"We've seen a change in culture under his leadership," says a bank lobbyist of new OCC chief...

Thursday, October 4, 2012, 7:20 AM ET
"We've seen a change in culture under his leadership," says a bank lobbyist of new OCC chief Thomas Curry. Curry promises to end the cozy relationship between banks and their key regulator. The first order of business was the resignation of 19-year veteran bureaucrat Julie Williams, whose main calling card was helping the big banks resist pesky state regulations.

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This news story has 3 comments:

aardvark Comments (83)

Mr Curry has approximately 20 years experience working in bank regulation.According to Wikipedia "Prior to becoming Comptroller of the Currency, Mr. Curry served as a Director of the FDIC since January 2004. At the FDIC, he served as Chairman of the FDIC's Assessment Appeals Committee and Case Review Committee, and Chairman of the NeighborWorks® America Board of Directors."
That's a long time to be blind to the practices that led to the 2008 collapse, and I suspect Mr Curry isn't going to be blowing any whistles now.

4 Oct 2012, 07:37 AM Reply Like

whidbey Comments (3062)

Appearances are often deceiving. Let us see how time treats this alleged change. There is no reason so far to expect more than new faces.

4 Oct 2012, 08:40 AM Reply Like

NYCTEXASBANKER Comments (460)

THE LAST TIME I SAW THE OCC IN-ACTION. WE JOKED THEY WANTED TO KEEP ALL THE SEEING EYE DOGS TOGETHER. ANYONE REMEMBER WAMU.

4 Oct 2012, 02:56 PM Reply Like

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