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8 Jun 2009, 7:32 pm
If the D&O policy will not cover the directors of the failed bank in connection with a law suit brought by the FDIC as receiver for a failed bank, then the FDIC will factor that into its judgment of whether or not a successful lawsuit might result in a pyrrhic victory. [read post]
16 Feb 2009, 1:45 am
(The FDIC’s failed bank list can be found here.) [read post]
21 Jun 2009, 7:13 pm
The FDIC press release on the proposal is a not-so-subtle reminder to President Obama that the FDIC ought to be front and center in the management of "too big to fail" systemic risk. [read post]
13 Apr 2015, 8:09 am by Barbara S. Mishkin
In their letters, the Republicans state that because the FDIC officials responsible for Operation Choke Point “remain employed and unpunished pending an inspector general investigation,” it remains possible “that those FDIC officials are failing to adhere to the clarified policy and that political motive may persist at the FDIC as a basis for account termination recommendations and orders. [read post]
The FDIC did clarify that although designation as a troubled debt restructuring “means a modified loan is impaired for accounting purposes, it does not automatically result in an adverse classification”, noting that many modified loans designated as troubled debt restructurings for accounting purposes are “fully performing and collectible credits” and that FDIC examiners would exercise “significant flexibility” in classifying credits impacted by… [read post]
11 Aug 2009, 7:37 pm
In the former case, the FDIC is criticized for throwing good money after bad and increasing the ultimate loss to the fund, and in the latter case, the FDIC is subject to criticism that it used its funds to make "private speculators rich. [read post]
17 Mar 2009, 8:30 pm
 We have the FDIC system for banks and bankruptcy for everyone else just about. [read post]
22 May 2009, 7:56 am
Normally, the FDIC waits until Friday to close a troubled bank. [read post]
29 Jun 2009, 2:47 am
(The FDIC does not identify the problem banks by name.) [read post]
20 Jun 2017, 5:19 pm by Kevin LaCroix
The FDIC’s overview of the 2017 bank failures can be found here. [read post]
20 Jun 2017, 5:19 pm by Kevin LaCroix
The FDIC’s overview of the 2017 bank failures can be found here. [read post]
13 Apr 2015, 8:14 am by Allison Tussey
Friot for his involvement in falsifying bank assets to the FDIC. [read post]
18 Mar 2007, 8:41 pm
Statements by Wal-Mart, its opponents, and the FDIC were boringly predicatble. [read post]
9 Mar 2012, 7:25 am
Judge Otis Wright disagreed and allowed the FDIC's case against Perry to proceed. [read post]
31 Aug 2009, 3:15 am
However, so far, the FDIC does not seem to have actually pursued these claims. [read post]
27 Jul 2012, 9:42 am by Boyer Law Firm, P.L.
If you have any questions about the change-over, you can call the FDIC toll-free at 800-830-4697, or visit the FDIC’s web site at: http://www.fdic.gov. [read post]
3 Feb 2012, 12:06 am by Kevin LaCroix
It is also one of two FDIC actions against former IndyMac officials. [read post]