Edward Yingling Quotes

Our concerns about mixing banking and commerce didn't begin with the Wal-Mart application; they were just amplified by it. The industrial loan charter represents a back door through which commercial firms are entering the banking business.

- Edward Yingling

Tags

Concerns | Mixing | Banking | Commerce | Mart |

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We're at a point where if policymakers (regulators and Congress) don't act, you run a real risk that the wall will crumble. - Edward Yingling

We are not after customers. We are after the managers of large credit unions that are trying to have it both ways -- act like a bank but at the same time continue to use the credit union tax subsidy. - Edward Yingling

The banking industry is losing a valued friend, but we're confident that the committee will maintain the civil and pragmatic approach that Chairman Oxley fostered. - Edward Yingling