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12 Jul 2010, 7:28 am
The FDIC asks for damages from four individual defendants. [read post]
13 Oct 2008, 12:24 pm
Adam Levitin over at Credit Slips has this nice post about the irrelevancy of raising the FDIC insurance on bank deposits from $100,000 to $250,000 as part of the bailout bill. [read post]
23 Dec 2010, 5:41 am
Someone asked Bing yesterday if qualified settlement funds or "qualified settlement trusts" are covered by the FDIC*? [read post]
15 Jun 2009, 7:38 pm
I haven't looked into the conflict-of-interest policies of the FDIC recently, but when I acted as independent counsel to the RTC in the early 1990s, it used the FDIC's conflict-of-interest policy, which prevented law firms from representing parties whose interests were adverse to those of the FDIC "anywhere in the system" if they also represented the FDIC "anywhere in the system. [read post]
14 Jun 2010, 7:33 pm
If, as some of the more extreme anti-FDIC pundits have been warning, the FDIC eventually needs a taxpayer bailout, using loss-sharing to lessen FDIC losses will also be good for the taxpayers. [read post]
2 Dec 2009, 9:49 pm
No one should miss the obvious implication from the FDIC’s intervention in the Integrity case that if anybody is going to sue the directors and officers, it is going to be the FDIC. [read post]
15 Mar 2011, 3:52 pm
News release: "The Board of Directors of the Federal Deposit Insurance Corporation (FDIC) today approved a Notice of Proposed Rulemaking... [read post]
9 Oct 2011, 5:45 am
The FDIC remains alert to these challenges going forward. [read post]
22 May 2009, 3:12 pm
The FDIC estimates it will raise $5.6 billion, lifting the fund from its lowest level since early 1994. [read post]
23 Aug 2015, 4:13 am
FDIC v. [read post]
29 Oct 2009, 9:43 am
But what happens after the FDIC exits the case it removed? [read post]
7 Feb 2013, 2:58 am
On December 29, 2011, the directors provided the bank’s holding company’s D&O insurer with notice of the FDIC’s lawsuit. [read post]
16 Jul 2009, 6:27 am
The FDIC does not want... [read post]
27 Dec 2013, 5:51 am
FDIC Chair Martin Gruenberg said that significant legal expenses are pushing down average industry profits. [read post]
15 Feb 2010, 2:33 pm
Finally, FDIC officials decided they had had enough, issuing a statement that the video contains “blatantly false claims. [read post]
21 Nov 2014, 8:18 am
November 19, the FDIC announced the release of the first in a series of three new technical assistance videos developed to assist bank employees in meeting regulatory requirements. [read post]
13 Aug 2012, 12:45 pm
The FDIC filed suit on Friday in U.S. [read post]
17 Mar 2023, 9:54 am
The holdco’s equity in the bank will be wiped out in the FDIC receivership, but the FDIC doesn’t have any automatic claim on the holdco. [read post]
13 Oct 2014, 4:06 am
The FDIC moved for summary judgment in the coverage litigation and the individual defendants jointed in the FDIC’s motion. [read post]
21 Apr 2022, 3:11 am
Read the full text of the new FDIC rules here. [read post]
