Donald Powell
Donald Powell
Donald Powell Distinguished Service Orderwas an officer in the British Indian Army during World War I and World War II...
determine exercise federal initiative insight local needs path rebuilding
Rebuilding should not become an exercise in centralized planning. If federal bureaucrats determine the path of rebuilding, local insight and initiative will be overrun and local needs overlooked.
believe funds housing meet needs permanent return roof safe state
We believe that these funds will meet the permanent housing needs of the state so that its residents can return and get back on their feet, not only with a roof over their heads, but with a safe one as well.
banks deal good needs promoting understand
Banks are part of the community. They understand the needs of consumers, and they deal in good faith, promoting goodwill.
banking dual room system
I think everyone in this room understands that the dual banking system is at a crossroads,
apparent became felt number orleans people rebuilding unless visiting
It became very apparent to me after visiting with the administration, visiting with the president, that there would be no rebuilding of New Orleans unless people felt safe. That is the number one issue.
banking four knows last opportunity profits public record sector
The American public knows that the banking sector has had record profits for the last four years. It's an opportunity to be generous.
work
That work is being done as we speak.
business coming consumers disaster financial help houses hurricane natural order owners people turning wake weeks
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.
enable people
This will enable people to get on with their lives.
president today
Today the president is requesting another $1.5 billion.
aware bank believe consistent current deal great interest manner processed public
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,
fewer hope
We just don't know. I would hope it would take fewer years.
committed gulf president rebuilding
The president is committed to rebuilding the Gulf Coast.
disaster failure natural people region stronger task time type
Every time some type of natural disaster has hit, the people of this region have come back, and come back stronger than before. Failure is not an option. ... It's too important a task not to do it right.