Legal Opinion
Sandsend Financial Consultants, Ltd. v. Federal Home Loan Bank Board
Court of Appeals for the Fifth Circuit
Decided August 4, 1989No. 88-2991PublishedCited by 38 opinions
1Opinion of the Court
GEE, Circuit Judge:
This case requires us to examine the scope of the Federal Home Loan Bank Board’s (FHLBB’s) power to issue subpoenas for the records of bank customers. Concluding that the FHLBB acted within its statutory power and that it complied with the statutory requirements for issuing the subpoenas in question, we reverse the judgment of the district court.
I. BACKGROUND
A. The Federal Home Loan Bank Board And Its Investigatory Powers
The FHLBB, an independent federal agency, is the “operating head” of the Federal Savings and Loan Insurance Corporation (FSLIC). See Home Owner’s Loan Act…
2Cases cited13 opinions
- Pullman-Standard v. SwintSupreme Court of the United States · 1982
- United States v. PowellSupreme Court of the United States · 1964
- United States v. MillerSupreme Court of the United States · 1976
- United States v. Morton Salt Co.Supreme Court of the United States · 1950
- Oklahoma Press Publishing Co. v. WallingSupreme Court of the United States · 1946
8 more not listed; retrieve them via the Exa API.
3Cited by38 opinions
- Jackson v. United States Department of LaborCourt of Appeals for the Fifth Circuit · 2000
- United States v. Ronald P. MarkwoodCourt of Appeals for the Sixth Circuit · 1995
- Burlington Northern R. Co. v. Office of Inspector General, R.R. Retirement Bd.Court of Appeals for the Fifth Circuit · 1993
- In Re McvaneCourt of Appeals for the Second Circuit · 1995
- In Re: Kaiser Aluminum and Chemical Company, July 5, 1999 Explosion at Kaiser Aluminum & Chemical Company, Gramercy Works Facility Subpoena Duces Tecum,movantsCourt of Appeals for the Fifth Circuit · 1999
33 more not listed; retrieve them via the Exa API.