Jason Cave

Fish stalker, yacht rock afficiado, Pokémon go addict, running fool, lucky Dad, finreg warrior, fintech newbie

[Jason Cave @jasoncave71]

@MarkCalabria The Best!

[Jason Cave @jasoncave71]

@ABABankers @bankpolicy @ConsumerBankers @FSForum @NatBankers1927 No ICBA on this one. Hmm

[Jason Cave @jasoncave71]

@bank_reg Have you found the full public filing anywhere?

[Jason Cave @jasoncave71]

@MarkCalabria A true public servant. He is missed.

[Jason Cave @jasoncave71]

@MarkCalabria Mine prefer watching White Lotus.

[Jason Cave @jasoncave71]

@bank_reg Kościuszko Bank and trust is still going strong

[Jason Cave @jasoncave71]

@SheilaBair2013 The only thing missing is this

[Jason Cave @jasoncave71]

Wow. I would rather be subject to a BaaS exam run by Marty than watch this movie again.

[Jason Cave @jasoncave71]

@mikulaja While many aspects of this Synapse debacle defy common understanding, banks should be able to answer this basic question.

Depositors deserve better. The public’s confidence in our banks requires better.

Fixing this more important than revisiting brokered deposits.

[Jason Cave @jasoncave71]

@bank_reg Also seems odd to do all of that as a discussion agenda item. When I ran the Board process for Chairman Bair that would have a summary item

[Jason Cave @jasoncave71]

@bank_reg Seems odd to me that Travis would have devoted so much in his recent speech on brokered deposits if the fdic was going just make a few nonsubstantive changes.

[Jason Cave @jasoncave71]

@ProfKateJudge @JohnHeltman @Aarondklein @MarkCalabria @DennisKelleher @tom_hoenig Yes but are Dennis and Tom fellow deadheads is the real question?

[Jason Cave @jasoncave71]

Still like mine better.

[Andrew Ackerman @amacker]

Be jealous

[Jason Cave @jasoncave71]

@MarkCalabria @phish @MoheganSun @Aarondklein Two guys that will likely avoid the gaming tables!

[Jason Cave @jasoncave71]

@AlexH_Johnson Well put. Bankers, regulators and fintechs need to read this

[Jason Cave @jasoncave71]

Great speech by Hsu on the importance of recovery planning. All this is fine and good so long as the Directors of the Bank hold management accountable for executing and the plans are reasonable given market and investor expectations.

[Bank Reg Blog @bank_reg]

Acting Comptroller Hsu: “I believe expanding the application of the [OCC’s recovery planning guidelines] to all large banks with at least $100 billion in assets warrants serious consideration.”

https://t.co/WP1Q5PnJJf

[Jason Cave @jasoncave71]

@regulatorynerd Terrific job explaining this complex situation. Bank reconciliation is boring but really important and easy to screw up.

[Jason Cave @jasoncave71]

@MarkCalabria She doesn’t stand a chance against theee two

[Jason Cave @jasoncave71]

@robblackwellAB Well at least DIF restoration passed without excitement or fanfare.

[Rob Blackwell @robblackwellAB]

Both proposals were withdrawn because neither could pass without Hsu. Some laughter in the room because the situation is very unusual. FDIC board effectively debated the issue in public, but then did not take action.