Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (31965)	6/23/2010 11:14:11 AM
From: Hope Praytochange	Respond to of 103300

Arvest officials and the Walton family declined to comment. The company is the largest of 96 bank holding companies in Arkansas and has more than 200 branches in four states. Lawmakers from the House and Senate, including Ms. Lincoln, are currently hashing out a new financial-regulation bill. The issue concerns dividend-paying instruments some banks issue to raise money called trust-preferred securities, a mix of debt and equity. Banks can convert them to capital for regulatory purposes. The Senate version of the financial overhaul would bar the securities from being counted as part of banks' capital reserve, the cushion that absorbs losses when loans go bad. So some banks may have to raise fresh funds to meet capital minimums. Senate Republicans last week proposed a provision, supported by House conferees, that would let all banks continue counting existing trust-preferred securities as capital. Ms. Lincoln broke with other Democrats on the conference committee and voted with the Republicans.