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Webinar - The Capital Purchase Program (CPP) vs. the Temporary Liquidity Guarantee Program (TLGP) - What Bank Management Needs to Know

S&W Credit Crisis Task Force Webinar Series
November 6, 2008 - 1:00PM - 2:00PM EST

As we move closer to the U.S. Treasury's deadline of November 14 for the CPP and the FDIC's opt-out deadline of November 12 for the TLGP, bank management is grappling with difficult and unprecedented questions. The panel for this informative Webinar, included a former senior counsel for the Federal Reserve, and was intended to help bank directors and other senior managers address the following critical issues:  

  • How are CPP and TLGP different? Are the purposes of the programs different? What are the results of non-participation?  
  • What procedural steps (e.g., board committees, retaining outside experts, etc.) should a board consider in evaluating whether to participate in the CPP or the TLGP? 
  • Since the application for funding must go through a Federal regulatory agency, does filing the application, or opting out of the programs, itself create concerns with the agency regarding the bank's safety and soundness or have the potential to harm the bank's reputation?

Click here to listen to Webinar