'TARP is Not a Bailout': Alex Sanchez, Florida Bankers Association


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Feb 03 2009 17 mins   1
In the public eye, the federal government's Troubled Assets Relief Program (TARP) is commonly referred to as the "banking bailout." But Alex Sanchez, President/CEO of the Florida Bankers Association, wants to dispel that notion.

In this exclusive interview, Sanchez shares insight on:

His member institutions' attitude toward the TARP program and government investment in banks;
Top banking/security challenges in 2009;
What FL institutions are doing to strengthen and ensure customer confidence.

Sanchez serves as President and Chief Executive Officer of the Florida Bankers Association (FBA). Founded in 1888, and located in Tallahassee, the FBA is the leading voice for Florida's banking industry. Sanchez' responsibilities include representing and advocating for Florida's banking industry before all legislative and regulatory bodies in Tallahassee and in Washington.

Before joining the FBA, he was an attorney at Sinclair Louis, a Miami based law firm, specializing in business law; Consolidated Bank, Assistant General Counsel; and the Florida Department of Commerce.