Coleman, later chief operating officer at Silicon Graphics, is now chairman of Saama Technologies and is on the board of City National Bank, United Online and Accelrys.
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In his new book on FDR's Hundred Days, Adam Cohen recounts how the hearings revealed how National City Bank had caused enormous problems by mixing commercial and investment banking, reaping huge profits as customers were persuaded to make terrible investments.
Lunt said his clients are worried about the financial health of major regional employers, which include two big banks: National City and Key Bank.
City had used its securities affiliate, National City, to prop up the bank's own stock by flogging it to customers and to sell bonds that its own analysts deemed dubious.
National City , the Cleveland bank that, in the end, might become the poster child for the credit crisis, confirmed it was under a memorandum of understanding with the Office of the Comptroller of the Currency, the Treasury Department arm regulating national banks.
Kohlberg Kravis Roberts, a large buy-out firm, is said to be mulling an investment in National City, a beleaguered Indiana-based bank.
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Studies by the Congressional Budget Office (CBO), Oxford University, U.S. Treasury, Federal Reserve Bank of Kansas City, National Bureau of Economic Research, American Enterprise Institute, and several others have all concluded at different times that lower hourly wages account for a substantial portion of corporate income tax payments.
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One experienced, successful businessman: Cain, who also served as President of the National Restaurant Association and Chairman of the Kansas City Federal Reserve Bank.
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The art deco Market Street National Bank is now the Marriott Residence Inn Philadelphia Center City.
However, McEvoy said that he saw no signs of any move by customers out of the bank and into others, and that it was business as usual at National City branches.
National City (nyse: NCC - news - people ), the Cleveland bank that, in the end, might become the poster child for the credit crisis, confirmed it was under a memorandum of understanding with the Office of the Comptroller of the Currency, the Treasury Department arm regulating national banks.
The arrangement was made with the Federal Reserve Bank of Cleveland and the OCC on April 29 and May 5, and alluded to in National City's quarterly financial filing with the Securities and Exchange Commission on May 12.
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