Search for: "Federal Deposit Insurance Corporation (FDIC)"
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2 Dec 2010, 8:45 am
The trust depositors place in their institutions, and the economic cataclysm that follows when banks are untrustworthy custodians, led all the world’s developed nations to create deposit insurance backed by the government (in the US, the FDIC). [read post]
16 Nov 2010, 7:14 am
The Federal Deposit Insurance Corporation board Nov. 9 approved two rules that would make major changes in the way deposit insurance assessments are calculated and in the way largest banks are handled within… Read this entire article for free, activate your free 15 day trial access to Banking Report now. [read post]
10 Nov 2010, 7:43 am
FDIC pilot program: Between February 2008 and February 2010, the Federal Deposit Insurance Corporation tested a program that allowed Americans to borrow up to $2,500 for a period greater than 90 days. [read post]
5 Nov 2010, 3:53 pm
There is a legitimate concern that banks covered by deposit insurance should not be allowed to engage in high risk proprietary trading, as I have argued before: ... deposit insurance creates a moral hazard. [read post]
26 Oct 2010, 10:48 am
• The Federal Deposit Insurance Corporation is participating in the reviews by the OCC, the Federal Reserve System, and the OTS of the foreclosure and securitization practices of the largest mortgage servicers in its role as back-up supervisor. [read post]
15 Oct 2010, 7:00 am
No one has ever lost a penny on bank deposits insured by the Federal Deposit Insurance Corporation (FDIC), but there is a little-known hazard of having money in a failing bank. [read post]
15 Oct 2010, 7:00 am
No one has ever lost a penny on bank deposits insured by the Federal Deposit Insurance Corporation (FDIC), but there is a little-known hazard of having money in a failing bank. [read post]
6 Oct 2010, 5:02 am
Importantly, unlike bank accounts, the life insurance accounts aren't guaranteed by the Federal Deposit Insurance Corp. [read post]
27 Sep 2010, 5:27 pm
The Federal Deposit Insurance Corporation (FDIC) insures bank accounts in the event of a bank failure. [read post]
17 Sep 2010, 7:09 am
Federal Deposit Insurance Corporation, et al., Civil Action No. 09-1263 (ESH)). [read post]
15 Sep 2010, 12:10 pm
This corporation, Equicredit, did not have any deposits or assets insured by the FDIC. [read post]
15 Sep 2010, 9:12 am
That statute defined “financial institution” as any bank or savings association the deposits of which are insured by the FDIC. [read post]
13 Sep 2010, 1:19 pm
SUMMARY On August 10, 2010, the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation and the Office of Thrift Supervision published a joint Advance Notice of Proposed Rulemaking seeking comment on the feasibility of certain proposed alternatives, as well as any other methodologies that commenters may wish to present, to the use of credit agency ratings in the… [read post]
10 Sep 2010, 4:32 pm
The complaint alleges that Venetis claimed that the promissory notes were backed by the Federal Deposit Insurance Corporation ("FDIC") and that the interest payments would be tax free. [read post]
8 Sep 2010, 9:51 am
The IRS had changed the tax code just after the Federal Deposit Insurance Corporation (FDIC) announced it would provide open-bank assistance to Wachovia. [read post]
31 Aug 2010, 4:10 pm
News release: "Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported an aggregate profit of... [read post]
26 Aug 2010, 12:28 pm
These retained asset accounts let life insurance companies keep proceeds of life insurance policies in their general corporate accounts, earning investment income, while providing the beneficiary with a checkbook-like account that is not insured by the Federal Deposit Insurance Corp. [read post]
16 Aug 2010, 10:42 am
JPMorgan Chase has filed suit against the Federal Deposit Insurance Corporation in the federal court in Washington, alleging that the agency, which is acting as receiver for now-defunct AmTrust Bank, improperly denied JPMorgan’s effort to recoup losses it suffered when... [read post]
13 Aug 2010, 11:27 am
The Federal Deposit Insurance Corporation announced yesterday that the new process would allow... [read post]
6 Aug 2010, 10:27 am
However, the accounts themselves aren’t backed by the Federal Deposit Insurance Corp. and may pay uncompetitive interest rates. [read post]
