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11 May 2010, 7:40 am by admin
The Senate May 11 will again take up the Restoring American Financial Stability Act of 2010 (S. 3217) as a multitude of amendments await action, including calls for more limits on proprietary trading and a proposal, backed by Federal Deposit Insurance Corporation Chairman Sheila Bair, for tougher capital standards. [read post]
4 May 2010, 6:25 am by admin
Federal Deposit Insurance Corporation Chairman Sheila Bair May 3 urged the Senate to remove language from financial regulatory reform legislation (S. 3217) that would force banks and bank holding companies to spin off their derivatives business to hedge funds and other non-bank entities. [read post]
14 Apr 2010, 3:55 am by Mandelman
  Washington Mutual increased its securitization of sub-prime loans six-fold, primarily through its sub-prime lender, Long Beach Mortgage Corporation. [read post]
By insuring that states would always compete for charters through ever-more diluted restrictions, the federal system resulted in unrestricted chartering of corporations by the end of the nineteenth century. [read post]
2 Mar 2010, 3:25 am by admin
Shelby’s plan would create a new Consumer Protection Division inside the Federal Deposit Insurance Corporation, according to his summary…. [read post]
5 Feb 2010, 6:05 am by Hal Scott, Harvard Law School,
Volcker is the Chairman of the Trustees as well as the Chairman of the Steering Committee of the Group of 30 (G-30), it is worth noting that the Volcker Rules are significantly more aggressive than the G-30’s recent proposal to merely limit proprietary trading by “strict capital and liquidity requirements. [read post]
Rodgin Cohen is a partner and chairman of Sullivan & Cromwell LLP focusing on acquisition, corporate governance, regulatory and securities law matters. [read post]
22 Jan 2010, 6:00 am by Lucas A. Ferrara, Esq.
The president is asking for large banks, thrifts and insurance companies, those with assets in excess of $50 billion, to foot the bill for all TARP losses. [read post]
Rodgin Cohen is a partner and chairman of Sullivan & Cromwell LLP focusing on acquisition, corporate governance, regulatory and securities law matters. [read post]
22 Dec 2009, 5:26 am by Ray Mullman
They talked about the need to limit liability in lawsuits against nursing homes; then Winkle presented Craddick with the check, which TRMPAC deposited two days later. [read post]
11 Dec 2009, 10:22 am
The Federal Deposit Insurance Corporation resisted pressure from the administration of President George W. [read post]
9 Dec 2009, 7:08 am by Steven Peck
The Federal Deposit Insurance Corporation (FDIC) has announced that the Elder Financial Protection Network has received the FDIC Chairman's Award for Innovation in Financial Education. [read post]
19 Nov 2009, 6:26 am
They are both modeled on the resolution authority for insured depository institutions in the Federal Deposit Insurance Act. [read post]
8 Oct 2009, 9:34 am
In September, Dodd outlined a plan to fold four federal agencies - including the Federal Reserve Bank and the Federal Deposit Insurance Corporation - into one entity. [read post]
4 Oct 2009, 7:25 am
At the federal level, CFPs are currently regulated by five banking agencies - the Federal Reserve Board (Fed), the Office of the Comptroller of the Currency (OCC), the Office of Thrift Supervision (OTS), the Federal Deposit Insurance Corporation (FDIC), and the National Credit Union Administration (NCUA) - and by the Federal Trade Commission (FTC). [read post]
24 Sep 2009, 5:44 am
Comptroller of the Currency John Dugan, Director of the Office of Thrift Supervision John Bowman, and Federal Deposit Insurance Corporation chairman Sheila Blair defended [ [read post]
22 Sep 2009, 6:23 am
Chairman Phil Angelides Chairman Angelides related that while this is the FCIC’s first public meeting, it has held several working sessions. [read post]
20 Sep 2009, 7:38 am
• The Federal Deposit Insurance Corporation is considering borrowing from the U.S. [read post]
6 Sep 2009, 11:55 am
• The Chairman of the Federal Deposit Insurance Corporation expects that souring commercial loans will lead to more bank failures as this year progresses. [read post]
13 Aug 2009, 6:15 am
Chairman Dodd, Ranking Member Shelby and members of the Committee, I appreciate the opportunity to testify on behalf of the Federal Deposit Insurance Corporation (FDIC) on the importance of reforming our financial regulatory system. [read post]