Speeches & Testimony

For copies of speeches and testiomonies not listed, please contact Federal Financial Analytics at info@fedfin.com. Please include the date and title of the requested item(s).

2008:

Sovereign Wealth Funds: Implications For U.S. Financial Institutions
Karen Shaw Petrou
Managing Partner
Federal Financial Analytics, Inc.
Before the U.S.-China Economic and Security Review Commission
February 7, 2008
Read Testimony

2007:

Post August 9: The Strategic Impact of the New Regulatory Agenda
Karen Shaw Petrou
Managing Partner
Federal Financial Analytics, Inc.
Remarks Prepared for the
Conference of Counsel
New York, New York
October 4, 2007
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Modernization of Federal Housing Administration Programs
Basil N. Petrou
Managing Partner
Federal Financial Analytics, Inc.
Before the Committee on Banking, Housing and Urban Affairs
United States Senate
July 18, 2007
Read Testimony

WHAT DO WE DO NOW, OLLIE?
U.S. Market Developments in the Basel Void
Karen Shaw Petrou, Managing Partner
Federal Financial Analytics, Inc.
Remarks Prepared for the Federalist Society
Washington, D. C.
May 1, 2007
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Petrou Testifies Before Congress on Key Powers For New GSE Regulator
Testiomony of Karen Shaw Petrou, Managing Partner
Federal Financial Analytics, Inc.
Before the Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises Committee on Financial Services
U.S. House of Representatives
March 12, 2007
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2006:

Washington Wakes Up to Nightmare Mortgages
Remarks of Karen Shaw Petrou and Basil N. Petrou
Federal Financial Analytics, Inc.
Before the 2006 Bank of America Mortgage Finance and Housing Market Conference
Kiawah Island, South Carolina
September 26, 2006
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Petrou Points to Problems in Keeping U.S. Basel Rules Unchanged for Too Long
Testimony Of Karen Shaw Petrou
Managing Partner
Federal Financial Analytics, Inc.
Before the Subcommittee on Financial Institutions and Consumer Credit Committee on Financial Services
U.S. House of Representatives
September 14, 2006
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Reform of the FHA Single-Family Insurance Fund
Basil N. Petrou
Managing Partner
Federal Financial Analytics, Inc.
Before the Housing and Transportation Subcommittee
Committee on Banking, Housing and Urban Affairs
United States Senate
June 20, 2006
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Two Tracks to Basel II: The Fate of the Capital Accord in the U.S.
Karen Shaw Petrou
Managing Partner
Federal Financial Analytics, Inc.
Before the American Bar Association
Tampa, Florida
April 6, 2006
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2005:

Next Steps for the Basel II Rules
Karen Shaw Petrou
Managing Partner
Federal Financial Analytics, Inc.
Before the Financial Institutions and Consumer Credit Subcommittee
Committee on Financial Services
U.S. House of Representatives
September 28, 2005
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Basel II Regulation: U.S. Market and Competitiveness Implications
Karen Shaw Petrou
Managing Partner
Federal Financial Analytics, Inc.
Before the Subcommittee on Financial Institutions and Consumer Credit
And Subcommittee on Domestic and International Monetary Policy,
Trade and Technology
U.S. House of Representatives
May 11, 2005
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The Transnational Test:
Can Basel II Really Define Uniform Standards Around the World?
Karen Shaw Petrou
Managing Partner
Federal Financial Analytics, Inc.
Prepared for the University of Pennsylvania Law School
Philadelphia, Pennsylvania
February 19, 2005
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More of Their Ilk?
Policy Issues Raised by Industrial Loan Companies
Karen Shaw Petrou
Managing Partner
Federal Financial Analytics, Inc.
Prepared for the General Accountability Office
Washington, D.C.
February 11, 2005
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2004:

The Should-We Threshold to Operational Risk-Based Capital:
Policy Problems with the Basel II Proposal
Karen Shaw Petrou
Prepared for the
Operational Risk Management Forum
Tysons Corner, Virginia
November 8, 2004
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Battling the Basel Babble: Why This Complex Rule Really Matters
Karen Shaw Petrou
Remarks before the Conference of Counsel
New York, New York
October 7, 2004
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Rep-Risk Rocks: Strategies to Reduce Reputational Risk at a Troubled Time
Karen Shaw Petrou
Remarks before the Conference of Counsel
New York, New York
October 7, 2004
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H.R. 4110 : The FHA Single Family Loan Limit Adjustment Act of 2004
Basil N. Petrou
Testimony prepared for the Subcommittee on Housing and Community Opportunity of the Committee on Financial Services
United States House of Representatives
June 16, 2004
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H.R. 3755 - The Zero Downpayment Act of 2004
Basil N. Petrou
Testimony Prepared for the Subcommittee on Housing and
Community Opportunity of the Committee on Financial Services
United States House of Representatives
March 24, 2004
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2003:

"Fannie, Freddie and the Fall-Out: The Future of the Housing GSEs"
Karen Shaw Petrou
Remarks Prepared for the Community Bankers Association of New York State
Colorado Springs, Colorado
September 6, 2003
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"EFFECTIVE GSE SUPERVISION WILL LOWER THE COST OF HOME OWNERSHIP"
Karen Shaw Petrou before the Capital Markets, Insurance and Government Sponsored Enterprises Subcommittee
Financial Services Committee
U.S. House of Representatives
June 25, 2003
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"BASEL II: Baby in the Bath Water Worth Saving"
Karen Shaw Petrou before the Committee on Banking, Housing and Urban Affairs
United States Senate
June 18, 2003
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"Big Bad Banks and What To Do About Them"
Remarks Prepared for the Office of the Comptroller of the Currency
Bank Supervision Managers' Conference
Washington, D. C.
April 23, 2003
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Remarks Prepared for Federal Bar Association
Washington, D. C.
April 8, 2003
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“Policy Issues in Complex Proposal Warrant Congressional Scrutiny”
Domestic and International Monetary Policy, Trade and Technology Subcommittee
Committee on Financial Services
U.S. House of Representatives
Washington, DC, February 27, 2003
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2002:

“Getting the Risk Right in Risk-Based Capital”
Federal Deposit Insurance Corporation
Risk Management Conference
New York, NY, July 31, 2002
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"European Union’s Financial Services Action Plan"
Testimony before the Financial Services Committee
United States House of Representatives
Washington, DC, May 22, 2002
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"Taking Care With Capital Rules: Why Getting Them Right Matters So Much"
Annual Research Meeting
Federal Reserve Bank of Chicago
Chicago, IL, May 9, 2002

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“Getting It Right and Making It Clear: How U.S. Rules Will Change After Enron,”
Ministry of Finance Delegation, Socialist Republic of Vietnam
Washington, D.C., February 1, 2002.

2001:

“Bigger Isn’t Better: Consolidating Banks and Their Policy Impact,”
General Accounting Office,
Washington, D.C., February 14, 2001.

“Why Should You Keep Them Down on the Farm: A New Vision for Community Banking,”
Iowa Bankers Association,
Washington, D.C., June 14, 2001.

“The Distant Sound of Drums: The Compliance Challenges After Privacy and Predatory Lending,”
Annual Compliance Conference American Bankers Association,
Washington, D.C., June 18, 2001.

“Policy Implications of the Superior Federal Bank Failure and The New World of Financial System Risk,”
Testimony before the Committee on Banking, Housing and Urban Affairs United States Senate,
Washington, D.C., October 16, 2001.

2000:

“A Full Plate after FinMod: Strategic Challenges for Banks in the Federal Policy Arena,”
Louisiana Bankers Association,
Washington, D.C., March 3, 2000.

“The Capital Quandary: Speed-Bumps on the Road to Modernization,”
California Bankers Association,
Berkeley, CA, March 29, 2000.

“Future Business and Strategic Challenges for the Financial Services Industry,”
Lawyers’ Council Spring Meeting Financial Services Roundtable,
Washington, D.C., May 12, 2000.

“The Compliance Conundrum: Defining the Fine Line between Certainty and Stupidity,”
Annual Meeting of Compliance Directors Office of Thrift Supervision,
Arlington, VA, July 18, 2000.

“No Matter Who Wins: The Financial Services Policy Agenda in 2001,"
Bank Counsel Group,
Boston, MA, October 19, 2000.

1999:

“Food Chain vs. Chain Fence: Emerging Merger Strategies in the Financial Services Industry,”
1999 UNC School of Law Banking Institute,
Chapel Hill, NC, April 8, 1999.

“Pictures at an Exhibition: Prospects for Financial Industry Legislative and Regulatory Initiatives,”
Bankers Association for Foreign Trade,
Washington, D.C., June 25, 1999.

“Some Smoke, Some Fire: Federal Financial Legislation and Regulation,”
Financial Institutions Conference,
Atlanta, GA, September 24, 1999.

“Unfinished Business: The Federal Agenda After Financial Reform,”
Bank Counsel Annual Meeting,
Chicago, IL, October 28, 1999.

“Banking on the Twenty-First Century: Challenges for Community Banks,”
Annual Meeting America’s Community Bankers,
Orlando, FL, November 1, 1999.

“Parsing Privacy: The New Law and Beyond,”
Delaware Bankers Association,
Wilmington, DE, November 17, 1999.

1998:

“Rescue and Retribution: Congress, the IMF, and the Banks,”
Annual Meeting of the Bankers Association for Foreign Trade,
Washington, D.C., January 22, 1998.

“The Unabanker: Will Big Banks Bomb?”
National Economists Club,
Washington, D.C., April 30, 1998.

“Merging vs. Emerging: The Future of the Community Bank Charter,”
Annual Meeting Arkansas Bankers Association,
Little Rock, AR, May 29, 1998.

“Dog Day Debacles: Banking’s Bad News and What Can Be Done about it,”
The Evanston Group,
Washington, D.C., September 10, 1998.

“Mid-Term Mayhem: The Future of the Financial Services Agenda,”
Federal Bar Association,
Washington, D.C., November 10, 1998.

1997:

“Changing Takeover Tactics in a Changing Financial Services Industry,”
The New M&A Landscape
Los Angeles, CA, January 30, 1997.

“The Real Value of Real Estate,”
The National Association of Realtors,
Washington, D.C., April 7, 1997.

“No Credito, No Problema: Theory and Practice in Subprime Lending,”
Financial Modernization Symposium Bard College
Annandale-on-Hudson, NY, April 10, 1997.

“Lawyers, Lobbyists, Flaks, and Consultants: Counter-Intuitive Keys to Successful Innovation in the Contemporary BHC,”
The Bankers Roundtable Lawyers Council,
Washington, D.C., May 29, 1997.

“Complying with the Future: Making Bank Compliance Officers Part of the Process of Change,”
1997 National Regulatory Compliance Conference American Bankers Association,
Washington, D.C., June 9, 1997.

“Commerce and Community: The Future of Financial Industry Community Commitment,”
Center for Community Change,
Washington, D.C., July 25, 1997.

“What’s Not New: The Dubious Prospects for Financial Modernization Legislation,”
New Business of Banking Conference Practicing Law Institute,
New York, NY, December 8, 1997.

1996:

“Will There be Banks in On-Line Banking?”
Emerging Law of CyberBanking Conference,
Washington, D.C., February 8, 1996.

“Protecting the Payment System: What Does the Cliché Mean?”
Rethinking Bank Regulation,
U.S. House of Representatives, March 25, 1996.

“Those Damned Derivatives: Making Risk Management Meaningful,”
Recent Developments in the Financial Structure: A Conference at the Jerome Levy Economics Institute Bard College,
Annandale-on-Hudson, New York, April 11-12, 1996.

“Once More into the Breach: Financial Modernization in the Next Congress,”
Financial Markets Association,
Washington, D.C., October 24, 1996.

“The Future of Housing Finance,”
Community Bankers Association of New York State,
El Conquistador, Puerto Rico, November 21, 1996.

“The FIRREA Next Time: Consumer Debt and Congressional Action,”
Brookings Institution National Issues Forum, FDICIA: The First and Next Five Years,
Washington, D.C., December 19, 1996.

1995:

“Freeing the Franchise: Strategic Options for Commercial Banking in 1995,”
Chief Executive Officers Meeting of the Massachusetts Bankers Association,
Wellesley, MA, January 12, 1995.

“Why the Future is Now,”
Conference on Banking Law of the American Conference Board,
Washington, D.C., March 17, 1995.

“High Value Banking,”
Annual Investors Conference CS-First Boston,
New York City, NY, April 26, 1995.

“The Cart before the Horse: Integrating Examination Practices into the Reform Process,”
Compliance Conference of the American Bankers Association,
Boston, MA, June 12, 1995.

“Settling on Single Charter: Issues Raised by a Common Charter for All Banks and Thrifts,”
American Institute of Certified Public Accountants Savings Institution Conference,
Washington, D.C., September 7, 1995.

“Who’s in Charge Here, Anyway? The Legislative Outlook for Commercial Banking,”
Multinational Examination Conference Federal Financial Institutions Examination Council,
November 2, 1995.

“What, Me Worry?” The New Challenges to Bank Profitability,”
Annual CEO Meeting Wisconsin Bankers Association,
Madison, WI, January 31, 1996.

“What Bankers Want: Advising Commercial Banks in a Time of Chance,”
Annual Meeting of the Banking Conference American Institute of Certified Public Accountants,
Washington, D.C., November 17, 1995.

1994:

“Banks Under Siege: International Implications of Changes in U.S. Banking,”
Dunhill Madden Butler Financial Institutions Symposia,
Melbourne and Sydney Australia, October 11-12, 1994.

“Is Glass-Steagall Next to Fall?”
Financial Markets Association,
Washington, D.C., October 20, 1994.

“Competitiveness and the Community Bank: Strategies for Success in a Rapidly Changing Industry,
Annual Meeting Federal Home Loan Bank of Boston,
April 12, 1994.

“Congress and Compliance: A Regulatory Risk Management Update,”
Annual Compliance Conference American Bankers Association,
Washington, D.C., June 13, 1994.

1993:

“Banking after FDICIA,”
Federal Reserve Bank of Chicago Annual Conference on Bank Structure and Competition,
May 6, 1993.

“Counting Capital into the Strategic Calculus,”
American Bankers Association Annual Meeting for Chief Financial Officers,
New York, NY, September 13, 1993.

“Banking on the S&L: Future Directions in Retail Banking,”
The Savings and Community Bankers of American Annual Meeting,
New Orleans, LA, November 4, 1993.

1992:

“Seattle, L.A., and Their Banks: Moving from Compliance to Commitment,”
Federal Home Loan Bank of Seattle,
May 14, 1992.

“Banking on Bill Clinton: Industry Outlook in the New Administration,”
Goldman Sachs & Co. Third Annual CEO Conference,
New York, NY, December 7-9, 1992.

“FDICIA at One: A Troublesome Toddler at Best,”
Brookings Institution,
December 16, 1992.

“Incorporating Regulatory Risk Management in the New Profit Strategy,”
Chief Executive Officers of the Massachusetts Bankers Association,
Boston, MA, January 16, 1992.