"We are talking about something that knows no bounds, and it needs to be cut." -Representative John LaFalce (D-N.Y.) on Internet gambling. LaFalce co-sponsored a bill that would ban the use of credit cards for online gambling. "This legislation takes e-commerce to the next level. Electronic signatures will help grow the digital economy and once the legislation is enacted, credit unions will be better prepared to deal with the risks it presents." -Melissa Zink, vice president of CUNA Mutual Corporate Property & Casualty Division Underwriting/Risk Management. Zink was commenting on the impact of digital signature legislation and how CMG's bond enhancement addresses the new risks it may bring. "As credit unions are the sole source of funding for the agency, it's proper that credit unions take a thorough and comprehensive look at how their money is being used." -Gary Wolter, chair of CUNA's Examination and Supervision Subcommittee, speaking on why CUNA has decided to commission a study looking into NCUA's budget process.
Quotes Worth Quoting...
Comments
- CAMEL Disclosure: Matz Says N.C. Regulator ‘Violated the Trust’
- CAMEL Disclosure: Former Examiner Says Ratings Release 'Stupid'
- CAMEL Disclosure: Cheney Urges NCUA, N.C. Resolution
- CAMEL Disclosure: N.C. League Says Dual Exams 'Harsh, Unnecessary'
- CAMEL Disclosure: N.C. NCUA Exams Called 'Tempest in a Teapot', 'Blitzkrieg'
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