Enforcement Settlement Sets Bank Board Record

By Triagux, Robert | American Banker, December 4, 1985 | Go to article overview

Enforcement Settlement Sets Bank Board Record


Triagux, Robert, American Banker


WASHINGTON -- In the largest assessment ever by the Federal Home Loan Bank Board, Paul D. Dunlap, president of Hawkeye Bancorp. in Des Moines, Iowa, and 28 associates are paying more than $1 million in fines and forfeited stock for alleged securities violations involving stock investments in four North Carolina thrifts.

The Bank Board said the investors, in acting as a single group, violated thrift change-in-control laws, stock conversion regulations, and stock ownership rules of the Securities Exchange Act of 1934.

A cease-and-desist order by the Bank Board was issued against Mr. Dunlap, who consented to the entry without admitting or denying the alleged violations, according to Bank Board documents. His associates also agreed to similar terms with the Bank Board, the federal agency said.

Messages were left at Hawkeye Bancorp., but Mr. Dunalp was out of the office and could not be reached for comment.

Mr. Dunlap and his associates, who were not identified by the Bank Board, were ordered to halt any further violations and to pay the Federal Savings and Loan Insurance Corp. $766,000 within 30 days of Nov. 6. In addition, they were ordered to deliver 24,894 unsld shares of one North Carolina thrift, Fidelity Fedral Savings and Loan Association, of Hickory, to a special account from which the shares will be sold and the proceeds delivered to the FSLIC. The Bank Board estimates the value of the shares at $348,516.

The Bank Board, which collected $560,000 as a first installment on Nov. 26, said the total amount of be received by the FSLIC as a result of this action is expected to exceed $1 million. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Note: primary sources have slightly different requirements for citation. Please see these guidelines for more information.

Cited article

Enforcement Settlement Sets Bank Board Record
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen
Items saved from this article
  • Highlights & Notes
  • Citations
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Search by... Author
    Show... All Results Primary Sources Peer-reviewed

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.