The Defeat of Multibank Holding (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: 1983-06-17
Duration: 00:07:15
Subjects: Politics | Government | Louisiana. Legislature | Louisiana Legislative Session, 1983 | Multibank holding companies | Banking Industry
Contributors:
- George, Beth Host
- Young, David Reporter
- McCoy, Charles Speaker
- McCall, Harry Speaker
- Rapier, Michael Speaker
- Steimel, Ed Speaker
- Gunter, Lucien Speaker
- Easterly, Richard Speaker
- Veillon, Warner Speaker
Description
This segment from the June 17, 1983, episode of “Louisiana: The State We’re In” features David Young’s report on the defeat of a bill in the House Commerce Committee at the 1983 Regular Session of the Louisiana Legislature allowing multibank holding companies in Louisiana. Young reports that the state’s larger banks were in favor of the bill, while the smaller, independent banks were opposed to it. This report includes testimony by: Charles McCoy, the chairman of the Louisiana National Bank; Harry McCall of the River Region Chamber; Michael Rapier, the president of the National Bank of Commerce; Ed Steimel, the president of the Louisiana Association of Business and Industry (LABI); Lucien Gunter of the Louisiana Association of Independent Banks; Richard Easterly, the president of Capital Bank; and Warner Veillon, the president of the Tri-Bank of Eunice. Host: Beth George