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From: Rob Laux [mailto:rlaux@PARKBANK.com]
This message is regarding the Debt Guarantee Program portion of the Temporary Liquidity Guarantee Program. The 75 basis point fee is too high. To ensure success of the program the fee needs to be lowered, especially with the fed funds rate as low as it is today. A flat rate of 25 basis points or possibly some cost indexed to the targeted fed funds rate would make more sense.
Robert H. Laux
|Last Updated 10/29/2008||Regs@fdic.gov|