Search for: "FEDERAL DEPOSIT AND INSURANCE CORPORATION"
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28 Apr 2010, 7:36 pm
" Writing for a panel that included Justice O'Connor, Judge Anderson stated:This case arises from the collapse of Colonial Bank (“Colonial”), the fifth largest bank failure in the near 77-year history of the Federal Deposit Insurance Corporation (“FDIC”). [read post]
28 Apr 2010, 10:30 am
Issuers of corporate bonds that pay a floating rate of interest are legitimately hedging when they buy an interest rate swap under which the counterparty accepts a fixed rate of interest and pays the issuer a floating rate that it can then pay over to its bond holders. [read post]
27 Apr 2010, 6:20 am
Banking regulators jumped on the bandwagon with the Federal Reserve Board and the Federal Deposit Insurance Corporation proposing to regulate risk taking by organizations within their purview. [read post]
26 Apr 2010, 3:20 am
Banking regulators jumped on the bandwagon with the Federal Reserve Board and the Federal Deposit Insurance Corporation proposing to regulate risk taking by organizations within their purview. [read post]
24 Apr 2010, 12:21 pm
For 75 years, until the Federal Deposit Insurance Corp. was put in place, bank shareholders bore the cost of failure, just as they enjoyed the fruits of success. [read post]
23 Apr 2010, 6:05 am
Answering critics who claim that the reforms will increase bailouts, Obama compared the concept behind the proposed financial reforms to the Federal Deposit Insurance Corporation (FDIC)[official website], a government program he says [read post]
23 Apr 2010, 3:31 am
Since the beginning of 2009, 190 failing banks have been seized by the Federal Deposit Insurance Corporation and some of those banks are being sold to foreign lenders trying to expand their footprint in the United States, The Wall Street Journal reports. [read post]
22 Apr 2010, 1:35 pm
The Federal Deposit Insurance Corporation - the FDIC - an institution that has successfully secured the deposits of generations of Americans. [read post]
22 Apr 2010, 7:27 am
On April 13, the Federal Deposit Insurance Corporation (“FDIC”) issued a Notice of Proposed Rulemaking for a proposal to revise the deposit insurance assessment system. [read post]
21 Apr 2010, 2:11 pm
Swaps cannot be regulated as insurance under state law. [read post]
20 Apr 2010, 8:52 am
The joint report (pdf, 415kb) of the inspectors general of the Treasury Department and the Federal Deposit Insurance Corporation (FDIC) said WaMu’s risky lending was the cause of the bank’s failure, but OTS failed to follow its own guidelines when rating WaMu’s asset qualities, and relied too heavily on WaMu’s self-reporting of actions it took to address examiner-identified weaknesses. [read post]
20 Apr 2010, 3:35 am
The Office of Thrift Supervision repeatedly identified poor underwriting practices and other problems with risky loan products offered by Washington Mutual Bank over a five-year period before the bank’s demise, but failed to take corrective action and even engaged in a “turf battle” when the Federal Deposit Insurance Corporation attempted to assert its backup enforcement… Read this entire article for free, activate your… [read post]
18 Apr 2010, 5:47 am
”)Counsel’s instructions not to answer was clearly improper, in violation of the Federal Rules and unreasonably obstructed the depositions. [read post]
16 Apr 2010, 3:37 pm
Swaps cannot be regulated as insurance under state law. [read post]
16 Apr 2010, 5:00 am
Over the past ten years, the New York State Attorney General has utilized the Martin Act to pursue individuals and corporate entities for acts underlying notorious corporate fraud allegations, including the telecom bubble of the late 1990s, AIG’s accounting scandal of the mid-2000s, and Bernard Madoff’s Ponzi scheme. [read post]
14 Apr 2010, 3:55 am
Washington Mutual increased its securitization of sub-prime loans six-fold, primarily through its sub-prime lender, Long Beach Mortgage Corporation. [read post]
13 Apr 2010, 9:45 am
”) Basically, any person who is aware of false or fraudulent conduct can qualify to bring suit.[12] Typically, this is a current or former employee of an organization or corporation such as a medical practice, nursing home, hospital, clinical laboratory, health insurance company, durable medical equipment company and drug and medical device manufacturers and distributors. [read post]
12 Apr 2010, 10:44 am
The federal Clean Air Act gives California the power to implement in-use non-road engine emissions rules more strict than the federal government. [read post]
9 Apr 2010, 5:08 pm
Weekly D805bInsurance -- Uninsured motorist -- Stacking -- Where insurer issued policy to Florida residents covering vehicles registered and principally garaged in Florida and also issued and delivered to insureds in Florida a policy covering vehicle which was registered and principally garaged in Delaware, an anti-stacking provision in the Delaware policy is unenforceable under Florida law where the insurer did not obtain the insureds' informed consent to… [read post]
9 Apr 2010, 3:18 pm
Allcare is a Virginia corporation but with its principal place of business in Fort Worth, Texas. [read post]
