August 11, 1988 |
Not long after installing Albert V. Casey as chairman and chief executive of First RepublicBank in Dallas, federal regulators told him to fire the bank's president. Casey refused, invoking the authority he had demanded over personnel as one condition for taking over the bank. Insiders at First Republic said the bank president, Joseph R.
September 19, 1991 |
Albert V. Casey, former chairman of American Airlines and onetime postmaster general, has emerged as the prime candidate to become chairman of the Resolution Trust Corp., the agency charged with administering the thrift industry bailout, officials said Wednesday. Casey, 71, would succeed L. William Seidman, who is retiring as head of both the Federal Deposit Insurance Corp. and the 2-year-old RTC, which is staffed and managed by the FDIC. A formal announcement is expected this month.
May 4, 1988
Albert V. Casey has resigned from the board of Sears, Roebuck & Co. after being named chairman of First RepublicBank Corp. in Dallas.
January 30, 1992 |
Senate Committee Backs Casey Nomination: The nomination of Albert V. Casey to be chief executive of the Resolution Trust Corp. was passed unanimously by the Senate Banking Committee. Casey, the former chairman of American Airlines, has been directing the agency, charged with handling failed savings and loans, since October. A date for the full Senate vote has not been set yet.
February 1, 1992 |
The Senate on Friday confirmed former airline executive Albert V. Casey as chief executive officer of the Resolution Trust Corp., the agency charged with handling failed savings and loans. The confirmation, by voice vote, came two days after the Senate Banking Committee unanimously endorsed the 71-year-old former chairman of American Airlines Inc. and former postmaster general during the Reagan Administration. Casey has been serving since Oct. 17 at the RTC.
October 24, 1991 |
Casey Says He Can Handle Complex Setup: Albert V. Casey, in his first congressional appearance as chief executive of the savings and loan bailout program, assured lawmakers that he could work effectively within the complex, two-board administrative structure of his agency. Casey, a former chairman of American Airlines, admitted that he had never encountered in private life an administrative setup similar to that of the Resolution Trust Corp.