Final thoughts from Matz as she departs NCUA

first_imgNational Credit Union Administration Chair Debbie Matz will conduct the last board meeting of her tenure today and will leave the agency April 30.News Now had an opportunity to sit down with Matz and discuss her time with the NCUA, as well as her thoughts on the credit union system going forward.Q: What memories from your time at NCUA stick out the most?A: After laboring over how to deal with legacy assets and coming up with innovative plans to sell NCUA guaranteed notes, I have to confess at this time that we had no Plan B. We were incredibly nervous about whether or not the securities would be sold; whether they’d be sold in the U.S. or we’d have to go overseas; and whether or not anyone would be interested in them.So when the first round of notes was offered, and we raised more than $1 billion in just one hour, and the offering was oversubscribed, that definitely is a very good memory.When we became the first federal depository institution regulator to earn recoveries from Wall Street firms that contributed to the crisis, and our billion-dollar recovery from JPMorgan stands out. continue reading » 4SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Raymon to undergo season-ending surgery on right knee injury

first_img Published on October 20, 2013 at 4:41 pm Contact Stephen: [email protected] | @Stephen_Bailey1 Syracuse defensive tackle John Raymon will undergo season-ending surgery for a right knee injury, according to SU Athletics.Raymon flew back with the team after Syracuse’s 56-0 loss to Georgia Tech on Saturday and spent the night in Crouse Hospital for observation. Drs. Brad Raphael and. Irving Raphael will perform the surgery “in the coming weeks.”“First off, let’s start off the right way here,” SU head coach Scott Shafer said, opening his postgame press conference. “Thinking about John Raymon. He had a tough injury.”With less than a minute left in the second quarter, Georgia Tech left guard Will Jackson dove onto Raymon’s right leg, which was fully flexed as Raymon tried to push through center Jay Finch. He collapsed as players from both sides of the ball fell onto him. He remained lying on his back for about four minutes.Medical trainers looked at his knee before applying an air cast. Raymon was then carted off the field in a stretcher.AdvertisementThis is placeholder textIn six-plus games this season, Raymon logged seven total tackles, 1.5 sacks and a blocked kick. Comments Facebook Twitter Google+last_img read more