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Congressional Oversight Panel: Congressional Oversight Panel to Hold Hearing on Commercial Real Estate's Impact on Bank Stability

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Home > Press > Congressional Oversight Panel to Hold Hearing on Commercial Real Estate's Impact on Bank Stability

Congressional Oversight Panel to Hold Hearing on Commercial
Real Estate's Impact on Bank Stability
February 1, 2011
For Immediate Release

WASHINGTON, D.C. - On Friday, February 4, 2011, at 10:00 a.m., the Congressional
Oversight Panel will hold a hearing in room 538 of the Dirksen Senate Office Building to
examine the current state of the commercial real estate market and its implications for
bank stability and returns to the Troubled Asset Relief Program.
The Panel has examined the impact of the troubled commercial real estate market in
several of its oversight reports, including its February 2010 report, "Commercial Real
Estate Losses and the Risk to Financial Stability."
WHO:
Members of the TARP Congressional Oversight Panel
Witnesses
Panel One:
Sandra Thompson, Director, Division of Supervision and
Consumer Protection, Federal Deposit Insurance
Corporation
Patrick Parkinson, Director, Division of Banking
Supervision and Regulation, Board of Governors of the
Federal Reserve
David Wilson, Deputy Comptroller for Credit and Market
Risk, Office of the Comptroller of the Currency
Panel Two:
Matthew Anderson, Managing Director, Foresight
Analytics, a Division of Trepp
Richard Parkus, Executive Director, Morgan Stanley
Research
Jamie Woodwell, Vice President of Commercial Real
Estate Research, Mortgage Bankers Association
WHAT:
Hearing on Commercial Real Estate's Impact on Bank Stability

http://cybercemetery.unt.edu/archive/cop/20110401231619/http://cop.senate.gov/press/releases/release-020111-cre.cfm[12/15/2015 11:50:28 AM]

Congressional Oversight Panel: Congressional Oversight Panel to Hold Hearing on Commercial Real Estate's Impact on Bank Stability

WHEN:
Friday, February 4, 2011; 10:00 a.m.
WHERE:
Room 538, Dirksen Senate Office Building
The hearing is open to press and public and will be webcast on the Panel's website at
cop.senate.gov. Individuals with disabilities who require an auxiliary aid or service,
including closed captioning service for webcast hearings, should contact the Panel's staff at
202-224-9925 at least two business days in advance of the hearing date.
The Congressional Oversight Panel was created to oversee the expenditure of the
Troubled Asset Relief Program funds authorized by Congress in the Emergency Economic
Stabilization Act of 2008 and to provide recommendations on regulatory reform. The
Panel members are former Senator Ted Kaufman; J. Mark McWatters; Richard H.
Neiman, Superintendent of Banks for the State of New York; Damon Silvers, Policy
Director and Special Counsel for the AFL-CIO; and Kenneth Troske, William B. Sturgill
Professor of Economics at the University of Kentucky.

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