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I (1994)

handle is hein.cbhear/srrtc0001 and id is 1 raw text is: S. HRo. 103--579
THE SEMIANNUAL REPORT OF THE RESOLUTION
TRUST CORPORATION THRIFT DEPOSITOR
PROTECTION OVERSIGHT BOARD-1994
HEARING
BEFORE THE
COM1V[ITTEE ON
BANKING, HOUSING, AND URBAN AFFAIRS
UNITED STATES SENATE
ONE HUNDRED THIRD CONGRESS
SECOND SESSION
ON
THE FINANCIAL INSTITUTIONS REFORM, RECOVERY, AND ENFORCE-
MENT ACT OF 1989 [FIRREA] REQUIRES THAT THE OVERSIGHT BOARD
TESTIFY TWICE A YEAR ON THE FOLLOWING SEVEN ISSUES: NO. 1,
PROGRESS MADE IN RESOLVING FAILED THRIFTS. NO. 2, THE ESTI-
MATED COST TO THE U.S. GOVERNMENT OF OBLIGATIONS ISSUED OR
INCURRED BY THE RTC. NO. 3, PROGRESS IN SELLING ASSETS OF
FAILED THRIFTS UNDER RTC CONTROL. NO. 4, THE ADMINISTRATIVE
COSTS INCURRED BY THE RTC. NO. 5, THE RTC'S ESTIMATED INCOME
FROM ASSET SALES. NO. 6, POTENTIAL SOURCES OF ADDITIONAL
FUNDS FOR THE RTC. NO. 7, THE ESTIMATED REMAINING EXPOSURE
OF THE U.S. GOVERNMENT IN CONNECTION WITH FAILED THRIFTS
WHICH THE OVERSIGHT BOARD BELIEVES WILL REQUIRE ASSIST-
ANCE OR LIQUIDATION IN THE FUTURE.
FEBRUARY 24, 1994
Printed for the use of the Committee on Banking, Housing, and Urban Affairs
U.S. GOVERNMENT PRINTING OFFICE
80-519 CC          WASHINGTON : 1994
For sale by the U.S. Government Printing Office
Superintendent of Documents, Mail Stop: SSOP, Washington, DC 20402-9328
ISBN 0-16-044519-1

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