Board of Governors of the Federal Reserve System

2 WHEREAS, where a pattern or practice of violations under Section 102...2) of the Act, 42 U.S.C. § 4012a(f)(2), is found, the Act requires that

2.1 million rate recorded in the fourth quarter. It appears that we may...$2.5 billion as compared with $2.2 billion, rounded, for April. The two

M2 was a bit to the high side through February, but seems to have moderated...2 area. Trading around 8 1/2 - 8 3/4 percent seems to be about the level

Q2 Q3 Q4 Total Q1 Q2 Q3 Q4 1998...... 87 4 15 24 45 .198 .008 .036 .051

2. To assess the institution’s compliance management policies and procedures...2. Determine that the institution has incorporated its compliance responsibilities

2, 1968, were approved. The memoranda of discussion for the meetings of...2, 1968, were accepted. By unanimous vote, the action taken on April 11

2/ General Counsel Mr. Kichline, Economist Mr. Truman, Economist (International...2/ Entered meeting before action to adopt domestic policy directive. 4

2. Should you engage in prohibited conduct without obtaining the required

2. Report by the Special Manager for foreign currency operations on such...2 of continuing authority directive 2. Current economic policy directive

2 on Table 2 and footnote 2 on Table 3.) 3 Seasonally adjusted, break-adjusted...2, column 1) less unadjusted required reserves (Table 2, column 3). 5