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Multibank Holding Companies (1983)

Louisiana: The State We're In

Details

Collection:LPB

Genre: News, Public Affairs

Place Covered: Louisiana

Copyright Holder: Louisiana Educational Television Authority

Date Issued: 1983-05-20

Duration: 00:06:29

Subjects: Politics | Government | Louisiana. Legislature | Louisiana Legislative Session, 1983 | Banking Industry | Multibank holding companies

Contributors:

  • George, Beth Host
  • Young, David Reporter
  • Barham, Charles Interviewee
  • McCoy, Charles Interviewee
  • Gunter, Lucien Interviewee
  • Kelly, Don Interviewee

Description

This segment from the May 20, 1983, episode of “Louisiana: The State We’re In” features David Young’s report on a proposed bill to allow multibank holding companies in Louisiana at the 1983 Regular Session of the Louisiana Legislature. Young interviews: State Senator Charles Barham on the bill’s goal of allowing Louisiana banks to compete in a changing banking industry; Charles McCoy, the president of the Louisiana National Bank, on the potential consequences of not passing this bill and the future competition between banks and non-banks in the industry; Lucien Gunter, the president of the Louisiana Association of Independent Banks, on his opposition to the bill; and State Senator Don Kelly on his concerns that the bill will allow a large amount of capital to be controlled by a small number of banks. Host: Beth George