Search for: "FEDERAL DEPOSIT INSURANCE CORP."
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29 Jul 2009, 2:46 pm
Bank of America Corp. in Charlotte, North Carolina, the largest U.S. bank, charges customers $35 for transactions greater than $5 that have insufficient funds.A consumer who overdraws an account by $20, repays the bank in two weeks and pays a $27 fee would be charged the equivalent of a 3,520 percent annual interest rate, according to a study released last year by the Federal Deposit Insurance Corp. [read post]
20 Jul 2009, 5:54 am
To transfer more assets to the bank, however, CIT needs an exemption from the Federal Reserve and a nod from the Federal Deposit Insurance Corp. [read post]
17 Jul 2009, 1:33 am
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JUDGE NARROWS DISCOVERY FOR 9/11 FEDERAL CLAIMS"Defendants being sued for negligence in connection with the Sept. 11, 2001, terrorist hijackings will not be able to depose six FBI agents on the government's investigation into the attacks, a federal judg ruled on Thursday. [read post]
8 Jul 2009, 7:19 pm
" A meeting called by Federal Deposit Insurance Corp. chief Sheila Bair this week with several banking and private-equity bigwigs suggests the regulator has made her mind up when it comes to PE firms buying banks: Thanks, but no thanks. [read post]
8 Jul 2009, 6:24 am
The post discusses the recently disclosed bids in the Federal Deposit Insurance Corporation’s May 2009 auction of BankUnited Financial Corp. [read post]
25 Jun 2009, 1:13 am
Federal Communications Commission, respondents
NEW YORK COUNTYContractsSellers Entitled to Retain Contract Deposit Due to Buyer's Anticipatory Breach of ContractPark v. [read post]
24 Jun 2009, 1:05 am
The National Law Journal
Although the Obama administration appears to have backed off from more extreme plans to merge the Securities and Exchange Commission in a major consolidation of agencies, the SEC may still surrender authority to the Federal Reserve Board, the Federal Deposit Insurance Corp. and a new consumer protection agency. [read post]
24 Jun 2009, 1:05 am
The National Law Journal
Although the Obama administration appears to have backed off from more extreme plans to merge the Securities and Exchange Commission in a major consolidation of agencies, the SEC may still surrender authority to the Federal Reserve Board, the Federal Deposit Insurance Corp. and a new consumer protection agency. [read post]
22 Jun 2009, 10:24 am
Specifically , the Commission may lose authority in three areas: 1) to the Federal Reserve Board to the extent that the latter is made the "systemic-risk regulator"; 2) to the Federal Deposit Insurance Corp. as the new czar over the liquidation of troubled financial institutions; and 3) to a new consumer protection agency that may be given broad jurisdiction over consumer financial products. [read post]
15 Jun 2009, 2:51 pm
From a June 6, 2009 Wall Street Journal article - The Federal Deposit Insurance Corp. has decided to wind down Silverton Bank, the failed Atlanta "bankers' bank," instead of selling it to investors, a setback for the private-equity industry but not one expected to damp its hunger for troubled banks. [read post]
11 Jun 2009, 4:37 pm
BASF Corp., 2007 U.S. [read post]
10 Jun 2009, 7:37 pm
Thus far, few takers and no passers.On the other hand, you have to chuckle at the response of one Georgia banker to Sheila Bair's complaint that too many banks were allowed to open in Georgia.During a recent meeting with Georgia bankers, Federal Deposit Insurance Corp. [read post]
8 Jun 2009, 9:04 am
The Wall Street Journal reported this morning that the Federal Deposit Insurance Corp. [read post]
30 May 2009, 11:58 am
• According to the Federal Deposit Insurance Corp. [read post]
29 May 2009, 1:12 pm
While the primary purposes of the new law include revamping the FHA's Hope for Homeowners program, providing a safe harbor for servicers who modify home loans and giving the Federal Deposit Insurance Corporation and the National Credit Union Association an expanded credit line with the U.S. [read post]
22 May 2009, 3:12 pm
Bloomberg reports that U.S. banks will pay an emergency fee based on their assets to rebuild the Federal Deposit Insurance Corp.'s reserves, putting a greater burden on large banks to replenish the fund amid the fastest pace of failures in 15 years. [read post]
5 May 2009, 7:23 pm
Late this afternoon, The Wall Street Journal reported that one of the conditions that the federal government will place on banks that have taken a TARP CPP investment and who want to repay the investment will be to prove that they no longer need any special FDIC debt guarantees.The program, a guarantee of debt issuance offered by the Federal Deposit Insurance Corp., allows firms to borrow money relatively inexpensively. [read post]
5 May 2009, 7:19 pm
According to the Associated Press, however, the government will try to close the loophole:A government official said Tuesday evening that banks eager to return infusions from the $700 billion Troubled Asset Relief Program will have to demonstrate that they can operate without debt guarantees provided by the Federal Deposit Insurance Corp. [read post]
4 May 2009, 5:13 am
The Federal Deposit Insurance Corp. said Thursday that the U.S. ... - By Marcy Gordon The Associated Press The Memphis Daily News WASHINGTON (AP) - The nation banks lost 26.2 billion in the last three months of 2008, the first quarterly deficit in 18 years as the housing and The NIR Group ....Related Products Budget Deficits and Debt: Issues and Options: A Symposium Sponsored by the Federal Reserve Bank of Kansas City, Jackson Hole, Wyoming,… [read post]
28 Apr 2009, 7:14 am
West Publishing Corp. [read post]
