Former BB&T CEO: Current Policies Will Push U.S. to be a Third-World C

Jeff Poor
January 9th, 2010 12:36 AM
While countries like China, Brazil and India are on the path to ascendency, the United States appears to be heading in the opposite direction, according to the former CEO of a major U.S. bank. In a segment on the Jan. 7 broadcast of the Fox Business Channel's "Stossel," John Allison, the former CEO of North Carolina-based BB&T Corporation (NYSE:BBT), the 10th largest bank in the United…
 

BB&T CEO John Allison Blames 'Religious Belief' in Affordable Housing

Julia A. Seymour
January 30th, 2009 2:53 PM
Despite what the news media keep saying, capitalism and deregulation were not the causes of the financial meltdown. Instead, BB&T CEO John Allison pointed the finger at government creations like the Securities and Exchange Commission (SEC), Federal Deposit Insurance Corporation (FDIC) and Fannie Mae and Freddie Mac, the two government-sponsored enterprises that failed last year. Allison was…