Search for: "DEPOSITORS INSURANCE COMPANY OF AMERICA"
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10 Apr 2024, 9:01 pm
Instead, unlimited liability for bank executives inspired the kind of trust which in turn brought in more investors and depositors. [read post]
2 Jan 2024, 12:56 pm
The net result is what the Wall Street Journal has called a “doom loop” that, according to the Journal, “threatens America’s banks. [read post]
6 Dec 2023, 2:35 am
– maintain a board diversity policy that addresses gender, skills and experience, and any other relevant aspects of diversity; and – describe in its annual report its board diversity policy, including the following: – i) the company’s targets to achieve diversity on its board;– ii) the company’s accompanying plans and timelines for achieving the targets;– iii) the company’s progress towards achieving the targets within the… [read post]
23 May 2023, 9:05 pm
Depositors lost everything every time a bank failed. [read post]
29 Mar 2023, 11:15 am
Pretend-insurance backed pretend-thrifts, but not real-life depositors. [read post]
26 Jul 2022, 9:01 pm
The Division’s focus on fees can take many forms, and—as I have noted before—our authorities under the Investment Company Act encompass not merely the form and content of disclosure, but also helping to ensure that advisers comply with their fiduciary obligations. [read post]
5 Oct 2017, 5:20 pm
The FMC cashed in on the front end and passed on the risks and future losses on to others: -- The investors in the securities, along with TERI and Ambac, the insurer of the issued securities. [read post]
17 Sep 2017, 7:30 pm
Ambac Assurance Corporation is expected to issue a note guaranty insurance policy in conjunction with the notes to be issued by each trust. [read post]
22 Aug 2017, 9:10 am
(TERI), as OWNERS, and The WILMINGTON TRUST COMPANY as OWNER TRUSTEE. [read post]
27 May 2015, 9:30 pm
America’s financial regulatory system developed piecemeal. [read post]
7 Jul 2013, 9:28 pm
The subtitle is "The Emerging World of Capitalism and Risk in America," What we have here half a dozen loosely connected accounts of people who cope with various kinds of dislocations in the economy of 19th Century America. [read post]
12 Apr 2013, 12:30 pm
Claimant's counsel later retained co-counsel and together, they negotiated with an insurance adjuster employed by the defendant’s insurance company. [read post]
26 Jul 2012, 7:09 am
Of course, back then it was called, “National City Bank,” but it’s the very same bank that ultimately was taken over by Sandy Weill, who had bought or merged his companies with a bunch of insurance companies and securities brokerages, each time getting larger and larger, until he merged his giant insurance and securities mess with Citibank thereby creating the world’s largest and least manageable corporation the world had ever seen. [read post]
26 Jul 2012, 7:09 am
Of course, back then it was called, “National City Bank,” but it’s the very same bank that ultimately was taken over by Sandy Weill, who had bought or merged his companies with a bunch of insurance companies and securities brokerages, each time getting larger and larger, until he merged his giant insurance and securities mess with Citibank thereby creating the world’s largest and least manageable corporation the world had ever seen. [read post]
5 Dec 2011, 11:38 am
Might such a cataclysm just have struck America’s banks? [read post]
30 Nov 2011, 2:15 pm
A First Vice President at Bank of America once told me the following story about the path to advancement at the bank. [read post]
16 Nov 2011, 8:06 pm
What would you do if you were running an insolvent company? [read post]
19 Oct 2011, 9:50 am
So to review, one company takes a bad risk that it would have to pay for, and transfers it to another company that the taxpayers will have to pay for. [read post]
25 Apr 2011, 7:47 pm
You might find thousands willing to rip off rich people, or big companies… but working class families losing homes? [read post]
15 Feb 2011, 10:38 am
Allied, AMCO Insurance Co., Depositors Insurance Co. and Nationwide Insurance Co. of America signed off on a consent order that focused on their improper imposition of surcharges against policyholders with claims that stemmed from non-wind or hail-related catastrophes. [read post]
