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Fdic Insurance

A New Breed of Prepaid Cards

Jason Alderman | Posted 08.03.2014 | Money
Jason Alderman

Everyday tasks like cashing payroll checks, paying bills, shopping online and renting a car can be much more difficult and expensive -- not to mention dangerous, if you're forced to carry large amounts of cash to pay your bills.

Bail-out Is Out, Bail-in Is In: Time for Some Publicly Owned Banks

Ellen Brown | Posted 07.02.2013 | Business
Ellen Brown

Your deposits are protected only up to the $250,000 insurance limit, and only to the extent that the FDIC has the money to cover deposit claims or can come up with it. The question then is, how secure is the FDIC?

Winner Takes All: The Super-priority Status of Derivatives

Ellen Brown | Posted 06.11.2013 | Business
Ellen Brown

There will be no more $700 billion taxpayer bailouts. So where will the banks get the money in the next crisis? It seems the plan has just been revealed in the new bail-in policies.

Covering Your Assets: 7 Signs Your Bank May Be Failing

Richard Barrington | Posted 05.25.2011 | Business
Richard Barrington

Even though the banking sector is getting healthier, there were still 157 bank failures in 2010. Here are seven signs to watch out for if you think your bank is in trouble.

FDIC's Bair: Insolvency A Possibility

Bloomberg | Alison Vekshin | Posted 05.25.2011 | 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...

$700 Billion Wise, Several Trillion Foolish

James Berman | Posted 05.25.2011 | Business
James Berman

The divide between a severe recession and a depression is vast. It's important to keep this divide in mind, because an error in the measure of that gap can lead to major mistakes.

Seth Colter Walls

McCain Repeating Keating Era Mistakes, Regulator Warns | Seth Colter Walls | Posted 05.25.2011 | Politics

As the stock market recovers from its biggest single-day drop since the crash of 1987, a former federal regulator who had a front-row view of John McC...