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Sign up freeThe Brookhaven Leader
Brookhaven, Lincoln County, Mississippi
What is this article about?
In Washington on July 3, Comptroller Lacey clarified that Bank Examiners Betts from Cincinnati and Shepard from Pittsburgh were sent to Philadelphia for routine temporary duty after completing their district examinations, with no connection to failed banks or the ongoing investigation.
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WASHINGTON, July 3.-Mr. Lacey, comptroller of the currency, said this morning that Bank Examiner Betts, of Cincinnati, and Bank Examiner Shepard, of Pittsburgh, had been detailed to temporary duty in Philadelphia, but that such assignment had no particular significance. They had completed the examination of the banks in their districts and were merely sent to Philadelphia in the regular course of business to assist in keeping up the regular work. Their visit had nothing to do with the failed banks and they would take no part in the pending investigation.
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Where did it happen?
Domestic News Details
Primary Location
Philadelphia
Event Date
July 3
Key Persons
Outcome
routine assignment unrelated to failed banks or pending investigation.
Event Details
Mr. Lacey, comptroller of the currency, stated that Bank Examiner Betts of Cincinnati and Bank Examiner Shepard of Pittsburgh had been detailed to temporary duty in Philadelphia after completing examinations in their districts. The assignment is part of regular business to assist ongoing work and has no particular significance regarding failed banks.