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