News Article

Don't miss an exclusive opportunity to get the most up-to-date information about the Troubled Asst Relief Program at the Georgia Bankers Association's Economic Stabilization Act and Bank Capital workshop scheduled for Friday, Nov. 7, at the Cobb Galleria Centre in Atlanta. This timely one-day workshop, just one week before banks will be making their final decisions whether to participate in this program, will help you make the best decisions possible.

Speakers for the program include Walt Moeling, Jim Wheeler, and Jerry Blanchard, all with Powell Goldstein, LLP, in Atlanta; Don Lampe, Steve Dunlevie and Richard T. Hills with Womble Carlyle Sandridge & Rice, PLLC, in Charlotte, NC and Atlanta; and Sal Inserra with Porter Keadle Moore, LLP, in Atlanta. The program will focus on the evolving details of the federal legislation aimed at stabilizing the nation's economy and the financial services system in particular.

Topics to be addressed include:

• The Treasury Department's program of investing capital into the banking system;
• The latest about who is eligible and the terms you will agree to if you participate;
• The Status of distressed assets that may be sellable or subject to Treasury guarantees;
• Consumer lending and loan modifications;
• FDIC guaranty programs and deposit insurance changes;
• Tax and financial issues related to capital, assets and operations, including fair-value accounting, and; 
• Accounting hot topics and the potential for fraud in trying economic times.

Information from the GBA web site.