Isaac Paige Associates Chairman Peter Matthews Spurned Outright Federal Control of U.S. Banks in Favor of a Public-Private Partnership

Seattle, WA, February 27, 2009 --( Speaking from their corporate headquarters, in Seattle, Washington, Peter Matthews commented that the government should use supervision instead of shareholder control to guide major banks, and warned against dismantling their franchises.

Matthews comments mirrored those of some economists and lawmakers in favor of government takeovers of major financial firms to cleanse them of distressed assets and ensure they keep lending. “Establishing ownership control poses legal issues and could undermine banks’ value with private investors”, Matthews warned.

The Isaac Paige Associates Chairman continued by saying “the best sign of success” will be when the “government can start taking its capital out or the banks can start replacing the public capital with private-sector capital.”

Isaac Paige Associates is highly respected within the financial community and has been providing accurate evaluations for over a decade. Isaac Paige Associates principals are actively involved in all aspects of the mergers & acquisitions evaluation process. Isaac Paige Associatess provides responsive and personalized service to Institutions throughout the merger or acquisition including participation in syndication meetings to facilitate the decisions of the participating parties.

Isaac Paige Associates
Peter Matthews