Sheila Bair, chairman of the Federal Deposit Insurance Corporation (FDIC) appeared on CNBC this morning to discuss TARP, failing banks, toxic assets, ...
Reuters | Posted 10.12.2009 | Business
Thirty-three TARP recipients missed a scheduled dividend payment to taxpayers last month, according to the Treasury Department, including 18 banks tha...
nytimes.com | ERIC DASH | Posted 10.10.2009 | Business
A year after Washington rescued the banks considered too big to fail, the ones deemed too small to save are approaching a grim milestone: the 100th ba...
Reuters | Posted 10.09.2009 | Business
(Reuters) - The U.S. Federal Deposit Insurance Corp is questioning the positive conclusions given to Citigroup Inc's management team in a government-m...
wsj.com | David Enrich and Joann S. Lublin | Posted 10.08.2009 | Business
An outside review of Citigroup Inc.'s management team has concluded that it is generally in good shape but that some shuffling of senior executives mi...
Garrett Johnson | Posted 10.06.2009 | Business
How can the Treasury, White House, and Congress be so tone deaf to calls to stop the massive give-away to the same people who got us into this mess?
nytimes.com | Posted 10.05.2009 | Business
The head of the U.S. Federal Deposit Insurance Corp. said on Sunday that she wanted to end the "too big to fail" doctrine and shrink the shadow bankin...
bloomberg.com | James Sterngold, Linda Shen and Dakin Campbell | Posted 10.02.2009 | Business
Oct. 2 (Bloomberg) -- The number of U.S. lenders that can't collect on at least 20 percent of their loans hit an 18-year high, signaling that more ban...
bloomberg.com | Jonathan Weil | Posted 10.01.2009 | Business
How many other seemingly healthy multibillion-dollar community banks are out there waiting to implode? That's impossible to know, which is what's so u...
AP | MARCY GORDON and DANIEL WAGNER | Posted 09.29.2009 | Business
WASHINGTON — A plan that regulators proposed Tuesday to have banks prepay $45 billion in insurance premiums won't provide a long-term fix for th...
AP | By MARCY GORDON | Posted 09.29.2009 | Business
WASHINGTON (AP)-- The Federal Deposit Insurance Corp. may take the unprecedented step of ordering banks to prepay about $36 billion in premiums to rep...
AP | DANIEL WAGNER | Posted 11.25.2009 | Business
WASHINGTON — Treasury officials and regulators are weighing a fresh round of bailouts for banks that were deemed too risky to qualify for earlie...
Marshall Auerback | Posted 11.25.2009 | Business
Having the FDIC implement higher insurance charges on the banks is wrong on many grounds. For one thing, it's grossly unfair to force well-run banks to pay higher premiums to pay for the sins of Citi, BOA, or Wells Fargo.
Raymond J. Learsy | Posted 11.25.2009 | Business
It is sheer madness, after recent history, to permit banks to become commodity traders, especially with our money. In the old days, commodity traders put their own money on the line.
Bloomberg | Jonathan Weil | Posted 11.24.2009 | Business
The FDIC's insurance fund is going broke, and Sheila Bair is wondering aloud about how to replenish it. This means one thing for taxpayers: Watch your...
Garrett Johnson | Posted 11.23.2009 | Business
Can we really expect the FDIC to effectively regulate the banks that have loaned them money so that they can do their job?
Bloomberg | James Sterngold | Posted 11.23.2009 | Denver
Sept. 23 (Bloomberg) -- New Frontier Bank, the largest lender in northern Colorado, had a lot to be proud of in early 2007. Assets had grown by 66 pe...
AP | DANIEL WAGNER | Posted 11.21.2009 | Business
WASHINGTON — The Federal Deposit Insurance Corp. is weighing several costly – and never-before-used – options as it struggles to sho...
AP | STEPHEN BERNARD | Posted 11.18.2009 | Business
NEW YORK — Regulators shut down two banking units of Irwin Financial Corp. Friday, marking the 93rd and 94th failures this year of federally ins...
Bill Himpler | Posted 11.17.2009 | Business
Criticisms of Industrial Loan Corporations do not reflect mainstream academic or legal thinking, as ILCs played no role whatsoever in causing or exacerbating the current or previous financial crises.
Marshall Auerback | Posted 11.17.2009 | Business
For all of the lofty talk about establishing "the most ambitious overhaul of the financial system since the Great Depression," Obama's reforms amount to nothing more than a reshuffling of the deckchairs on the Titanic.
New York Times | EDMUND L. ANDREWS | Posted 11.16.2009 | Business
Offering the lure of cheap government-guaranteed financing, the Federal Deposit Insurance Corporation moved on Wednesday to push its efforts to have p...
AP | MARCY GORDON | Posted 11.16.2009 | Business
WASHINGTON - The Federal Deposit Insurance Corp. on Wednesday named the first winning bidder under a test of the government's program to back private ...
MSNBC | Ben Steverman | Posted 11.15.2009 | Business
By most measures, the past year has been the worst financial crisis in a lifetime. But not by one significant measure: Bank failures....
Reuters | Rolfe Winkler | Posted 11.15.2009 | Business
For the big have gotten even bigger since the start of the financial crisis. At the end of 2007, the Big Four banks -Citigroup, JPMorgan Chase, Bank o...
cnbc.com | Posted 10.13.2009 | Business