"Donald Powell" Distinguished Service Order (1896–1942) was an officer in the British Indian Army during World War I and World War II

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Credit losses are very low now, but mortgage lenders need to be prepared for higher losses, ... Homeowners taking on these types of mortgage product need to understand how their obligation may grow when their low introductory interest rates expire.

That's got long-term consequences, so I'll not be bashful to understand some of those issues and come back and say, 'We need to find a better way to do this,'.

I am aware that there is a great deal of public interest in the Wal-Mart Bank application; however, I believe it is important that the application be processed in a manner that is consistent with current law.

There are many things consumers and business owners can do now and in the coming weeks to help put their financial houses back in order in the wake of the Hurricane Katrina, ... The FDIC is doing what we can to try to keep this natural disaster from turning into a financial disaster for all the people harmed by Katrina.

This new position allows me to continue to serve my country and help the many people who have had their lives turned completely upside down.

In short, what we seem to be seeing is a state banking system that is increasing in relative numbers and decreasing in relative size, ... Going forward, there is every indication the relative decline in the assets of state banks will continue.

I think New Orleans and Louisiana need to be safe.