It's been more than a month now since that ABC-TV crew did what was called an "ambush" number on credit union attendees convened for a Credit Union Executives Society conference at a Caribbean resort and so far nothing has been broadcast.

CUNA said Friday it is closely monitoring "their Web site and on-air promotions."

In the event a TARP segment appears on any of its network shows including "20/20″ or "ABC Evening News With Charles Gibson" showing CEOs on the golf links or sunning by the pool in St. Kitts, CUNA officials said it was readying new materials previously described as "talking points."

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Both leagues and CUs, said CUNA, can use the material to defend against any trumped up charges the industry squanders taxpayer money while enjoying luxury perks, a claim bedeviling the banking industry.

Meanwhile, the issue of how to plan ahead or even attend industry meetings in resort sites even Las Vegas in light of heightened public and media scrutiny become a hot debate topic last week among CU leaders and volunteers with some calling for a complete rollback because of the economic crisis.

Still, others contend the industry has already cut back drastically on conference expenditures citing also the difficulty in making big changes in light of long standing hotel contracts. "I see nothing wrong when capital ratios are good and earnings strong that volunteers can't be sent to nice places as a reward for their unpaid status but it's a different story when times are tough," maintained Guy Hood, the president/CEO of the Florida Credit Union League which is now projecting a 25% attendance drop for its June annual convention in Orlando.

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