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Resolution Trust Corporation: Management Improvements Reduce Risks But Transition Challenges Remain

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Report Type Reports and Testimonies
Report Date May 16, 1995
Report No. T-GGD-95-163
Subject
Summary:

This testimony focuses on the Resolution Trust Corporation's (RTC) performance and the remaining challenges facing RTC's transition to the Federal Deposit Insurance Corporation (FDIC). GAO discusses (1) its recent report on management improvements that led to RTC's removal from GAO's high-risk list, (2) the status of planning efforts for RTC's transition to FDIC, and (3) some of the unresolved transition issues that RTC and FDIC will be facing within the next few months.

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