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Condition Of State Banks Best In Eight Years Says Sorenson
Nebraska banks are in stronger shape than eight years ago and deposits are safer now. Attorney General Sorenson urged retention of the guaranty fund and proposed an excess profits tax to fund depositor claims, arguing the fund has prevented panics and that most banks are sound, with detailed figures from the banking department. He warned against repealing the guaranty law and said new taxes should not unfairly target cigarets or cosmetics.
MENTIONED IN THIS ARTICLE
Sorenson
Nebraska
C. A. Sorenson
KFAB
Lincoln
Sorensen
Banking Department
Sstate
Guaranty Fund
State Banking Department
United States Supreme Court
Guaranty Fund Commission