The Next Shoe Falls: CLF Becomes the Latest Humpty Dumpty

Submitted by cfilson on August 16, 2009 |

NCUA

Authored by:

cfilson

Excerpted from:

CreditUnions.com

The following article is the abridged version of a 6,000 word document that originally appeared on Credit Unions Rising last week. The entire article is available in an easy to print PDF here. Please feel free to forward the full document along to peers, coworkers and board members alike! In reading the NCUA’s July 31 press release, listening to their August 11th webinar, and talking with Corporates about NCUA’s unilateral change to the CLF’s twenty-five year funding structure, an age old nursery

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