Public Meeting Regarding NationsBank and BankAmerica - Panel 30
Friday, July 10, 1998
Transcript of Panel Thirty
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1 MR. SMITH: We have Tunua Thrash speaking on
2 behalf of Senator Barbara Boxer.
3 MS. THRASH: I am Tunua Thrash. I have
4 submitted the written statements of Senator Barbara
5 Boxer. I have a few remarks regarding her statement.
6 The comments of Barbara Boxer echo and
7 underscore those of the protesters of yesterday in
8 opposing the merger. Senator Boxer is concerned that
9 NationsBank will not have been the BofA that we have
10 known as the corporate citizen of San Francisco and
11 believes the pledge that NationsBank has put forward is
12 hollow in so much that it makes no specific commitment.
13 Senator Boxer is not yet convinced that
14 Californians will be well served, especially those
15 vulnerable communities by the combination of these two
16 banks. Senator Boxer would like to remind NationsBank
17 that California is no North Carolina and NationsBank must
18 be prepared to compete in California among its diverse
19 and emerging markets. Thank you.
20 MS. SMITH: Thank you very much. We already
21 have the statement for the record, right?
22 MS. THRASH: Yes.