Industry Outlook Group Shot

(seated, left to right)
Tom Jackson, Metcalf Bank
Steve Fleischaker, Bank of Blue Valley
Julius Madas, INTRUST

Henry Heimsoth, Great Southern Bank

(standing, left to right)

Chuck Morris, Federal Reserve Bank
of Kansas City

Paul Thompson, Country Club Bank

Karen Garrett, Stinson Morrison Hecker (sponsor)

Mark Hinderks, Stinson Morrison Hecker (sponsor)

Mike Lochmann, Stinson Morrison Hecker (sponsor/co-chair)

Mark Hargrave, Stinson Morrison Hecker (sponsor)

Paul Holewinski, Dickinson Financial/
Bank Midwest

John Dicus, Capitol Federal Financial
Lyle Alexander, BKD
(sponsor and host)
Greg Bynum, First Community Bank

Kevin Cook, BKD
(sponsor, host and co-chair)

Tim Petty, US Bank



Bankers cringe at consequences of Dodd-Frank


Never before in the 10 years Ingram’s has been managing our “Industry Outlook” have we seen an industry group so uniformly dispirited by an impending regulatory change.

The irony is that the new Dodd-Frank Wall Street Reform and Consumer Protection Act will have a significant negative impact on a class of businesses that were not responsible for the problem that the act is purported to be solving. Regional and community banks, particularly those in Kansas City, had less to do with the subprime morass that led to the larger Wall Street meltdown than did the authors of the act, Rep. Barney Frank and Sen. Chris Dodd.

The Ingram’s Industry Outlook was hosted by BKD, one of the 10 largest CPA and advisory firms in the U.S., at its new Downtown offices on the 17th floor at Town Pavilion. Sponsoring the event were BKD and the Kansas City-based law firm of Stinson Morrison Hecker. Chairing were BKD’s Kevin Cook and Stinson’s Mike Lochmann.

 

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«July 2010 Edition