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FAIRFIELD-SUISUN, CALIFORNIA Coast Guard Patrol Boat Marion prepares to set sail from Boston on a scientific expedition to waters between Labrador and Greenland, July 11, 1928. (U.S. Coast Guard file photo) Coast Guard involved in Prohibition, wars during its history By U.S. Coast Guard Public Affairs The Coast Guard’s history dates as far back as the first lighthouse built in America in 1716 at Little Brewster Island, Boston, Massachusetts. Though the Navy and Marines were founded in 1775, the predecessor to today’s Coast Guard, the Revenue Service, came into being Aug. 4, 1790, when Pre...

>> the question i had is in terms of the review done in may. is there any thought that that would become a more regular process of capital review, in view of the changing circumstances in the economy and in terms of also the changing systemic risk that specific asset classes that we are seeing? >> well, the specific details of the scap review was probably a unique event. generous oversight. so we don't anticipate repeat that specific cross-bank review in the near term. that being said, as i mentioned in my remarks, many of the lessons that we learned from the so-called stress test, t...