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Former IndyMac Officers Cannot Rely on Business Judgment Rule as Defense in FDIC Failed Bank Lawsuit
12 Oct 2012, 1:56 am
FDIC that when the FDIC brings an action as receiver, it “steps into the shoes” of the failed bank and state common law governs questions of tort liability. [read post]
30 Aug 2011, 10:42 am
The FDIC's notice states that it lacks sufficient information to evaluate the settlement. [read post]
23 Sep 2011, 5:13 pm
The Federal Deposit Insurance Corporation (FDIC) was appointed as receiver. [read post]
20 Jul 2012, 1:05 pm
The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $36.9 million. [read post]
21 May 2011, 6:06 pm
The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $15.7 million. [read post]
20 Jul 2012, 1:11 pm
The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $3.1 million. [read post]
4 Nov 2013, 2:11 pm
On October 30, the OCC and FDIC proposed substantively the same liquidity rule as the proposal approved by the Fed on October 24. [read post]
8 Mar 2011, 5:47 am
The FDIC announced its “Top 10? [read post]
26 Aug 2009, 7:38 pm
Perhaps that's the FDIC's plan. [read post]
13 Jun 2015, 6:00 am
Issued via an Advanced Notice of Proposed Rulemaking (“ANPR”), the proposal shifts the obligation of calculating FDIC deposit insurance payouts from the FDIC to the banks. [read post]
25 Mar 2013, 1:09 am
A copy of the FDIC’s complaint can be found here. [read post]
12 Sep 2011, 1:06 am
On September 2, 2011, just days after the FDIC filed its complaint against the two individuals, the FDIC and the two defendants filed a joint motion for entry of judgment. [read post]
7 May 2014, 12:51 pm
The FDIC is hiring an Internal Ombudsman Specialist. [read post]
20 Aug 2011, 6:01 pm
The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $293.2 million. [read post]
5 Aug 2011, 6:17 pm
The FDIC will retain the remaining assets for later disposition. [read post]
27 Jul 2012, 1:24 pm
The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $58.1 million. [read post]
4 Aug 2011, 5:01 pm
The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $65.4 million. [read post]
24 Oct 2011, 12:40 pm
The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $39.3 million. [read post]
7 Oct 2011, 9:06 am
The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $118.3 million. [read post]
22 Sep 2011, 9:12 am
The rule approved by the FDIC Sept. 13 sets out the requirements for those plans. [read post]
