WASHINGTON — The agency that guarantees bank deposits said Thursday there are no immediate plans to borrow money from the government to bolster ...
Sheldon Filger | Posted 09.18.2009 | Business
It is preposterous to conclude that the U.S. banking sector is well capitalized and strong enough to endure a severe economic recession.
AP | MARCY GORDON | Posted 04.20.2009 | Business
WASHINGTON — Federal regulators now say the nation's banks lost $32.1 billion in the final quarter of last year, even worse than the $26.2 billi...
Huffington Post | Posted 04.09.2009 | Business
Television news magazine 60 Minutes went behind-the-scenes to show viewers what happens when a bank fails. 60 Minutes correspondent Scott Pelley fol...
Bloomberg | Alison Vekshin | Posted 04.04.2009 | Business
March 4 (Bloomberg) -- Federal Deposit Insurance Corp. Chairman Sheila Bair said the deposit insurance fund could dry up amid a surge in bank failures...
AP | MARCY GORDON | Posted 12.22.2008 | Business
WASHINGTON — The FDIC will guarantee up to $1.4 trillion in U.S. banks' debt for more than three years as part of the government's financial res...
Bloomberg | David Evans | Posted 10.26.2008 | Business
Deborah Horn tugs on the handle of the glass-paned entrance of the IndyMac Bancorp Inc. branch in Manhattan Beach, California. The door won't budge. T...
AP | MARCY GORDON | Posted 09.27.2009 | Business