I can. By statute there are seven members of the board. They consist of the Secretary of the Treasury, Lloyd Bentsen; the Federal Reserve Chairman, Alan Greenspan; the Director of the Office of Thrift Supervision--we now have an acting Director; the Chairman of the FDIC--we have an acting Chairman there; and Chief Executive Officer of the RTC--in this case, that is Mr. Altman, who is the interim CEO. In addition to those five members, there are two independent members. Neither of these posts are filled. They are presently vacant, the post of the two independent members.
Alfonse D'Amato: “I can. By statute there are seven members of the board. They consist of the Secretary of the Treasury, Lloyd Bentsen…”
Editor's note · Context
D'Amato discusses the composition of a board and the vacancies in its independent member positions.
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