Emigrant bank bill

• On Thursday, the House Financial Services Committee will vote on a one-sentence, bipartisan-backed bill that will save a major political player $300 million. The legislation, introduced by Rep. Michael Grimm (R-N.Y.
(Huffington Post)
• No other bank in the country would be affected. The bill was introduced by Rep. Michael Grimm (R-N.Y.), but it's backed by members of both parties on the financial services panel.
(Politico.com)
• The problem, Mr. Wald told lawmakers, was that Emigrant was briefly over the $15 billion limit at the end of 2009 due to $2.3 billion in temporary borrowing intended to help the bank withstand the financial crisis.
(Wall Street Journal)
• WASHINGTON — If you went looking for a story that encapsulates why Americans are cynical about politicians, a perfect example may be the tale of a one-sentence bill that the House Financial Services Committee will vote on Thursday.
(American Banker Online)
• Hurley, Jr., Vice Chairman of Emigrant Bancorp and Emigrant Bank; and A. Michael Lipper located in a historic bank building at 48 Wall Street, on the corner of William Street, and is open Tues–Sat, 10 am – 4 pm.
(GlobeNewsWire (press release))
• Ms. Chu, Emigrant Bank Fine Art Finance, states Adding state and local taxes, a sale can trigger a total tax bill of 40% or more on the gain, depending on the seller's domicile (consult your tax advisor).
(Art Daily)