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22 May 2009, 1:18 pm
The Federal Deposit Insurance Corporation voted on Friday to levy an emergency fee on the nation's banks in an effort to replenish the insurance fund amid the fastest pace of bank failures since 1994. [read post]
21 May 2009, 8:26 am
According to the bill summary S.896:Amends the Federal Deposit Insurance Act (FDIA) and the Federal Credit Union Act (FCUA) to: (1) increase deposit insurance coverage permanently to $250,000; and (2) increase the borrowing authority of the Federal Deposit Insurance Corporation (FDIC) and the National Credit Union Administration (NCUA).The bill more than triples the authority of FDIC to borrow from Treasury… [read post]
21 May 2009, 5:04 am
An officer or employee of a bank that is subject to the supervision of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Office of Thrift Supervision, or the Federal Deposit Insurance Corporation, is not required to report having signature or other authority over a foreign account if the officer or employee has no personal interest in the account. 3. [read post]
15 May 2009, 11:20 am
The chairwoman of the Federal Deposit Insurance Corporation, Sheila C. [read post]
14 May 2009, 2:19 pm
Treasury programs implemented under the Emergency Economic Stabilization Act of 2008, the administration's Financial Stability Plan and other key programs implemented by the Federal Reserve and the Federal Deposit Insurance Corporation. [read post]
8 May 2009, 3:32 am
Parole has been abolished in the federal system. [read post]
7 May 2009, 1:52 am
Elijah Cummings (PDF 104 KB)Questions Regarding Bonus Payments Made by AIG05/06/2009
Annual Performance Plan for the Federal Deposit Insurance Corporation (PDF 236 KB)Prepared by the Federal Deposit Insurance Corporation05/06/2009
Fact Sheet: Frank Unveils Internet Gambling Legislation (PDF 116 KB)Prepared by the Majority Staff of the House Financial Services Committee
05/06/2009
Legislative Text of a… [read post]
6 May 2009, 5:14 pm
ET, according to a joint statement by Treasury Department Secretary Timothy Geithner, Federal Reserve Board Chairman Ben Bernanke, Federal Deposit Insurance Corporation Chairwoman Sheila Bair, and Comptroller of the Currency John Dugan. [read post]
6 May 2009, 4:31 am
What is dishonorable however, is when people who essentially amount to illiterate or lazy bandwith hogs throw up absolute crap in the hopes of making make "a few bob" from Google.As owner of the site Knowreally.com, Shafiq Kamal must share the dishonor as appears to "employ" many of these writersHere's what another writer, Melony Bronk says about the FDIC"Through the FDIC or the Federal Deposit Insurance Corporation the bank stays the… [read post]
6 May 2009, 2:10 am
(PDF 504 KB)Prepared by the Federal Deposit Insurance Corporation Office of Inspector General05/05/2009
Report: Potential Impacts of Climate Change in the United States (PDF 1.3 MB)Prepared by the Congressional Budget Office05/05/2009
Speech Delivered by Vice President Joseph Biden at the American Israel Public Affairs Committee Annual Conference (PDF 72 KB)Remarks as Delivered at the Washington Convention Center on May 5, 200905/05/2009
… [read post]
30 Apr 2009, 9:42 am
When the subprime market collapsed, the lenders moved to Federal Housing Administration loans, which are federally insured. [read post]
29 Apr 2009, 12:29 pm
For further information on the PPIP, please visit: **** Public-Private Investment Program Updated: April 6, 2009 To address the challenge of legacy assets, Treasury - in conjunction with the Federal Deposit Insurance Corporation and the Federal Reserve - has announced the Public-Private Investment Program as part of its efforts to repair balance sheets throughout our financial system and ensure that credit is available to the households and businesses,… [read post]
29 Apr 2009, 2:06 am
Goodman will be provided with notice of his right to continue his health-insurance coverage, at his own expense, pursuant to COBRA.2. [read post]
24 Apr 2009, 11:04 am
" The federal bank regulatory agencies participating in the Supervisory Capital Assessment Program are the Board of Governors of the Federal Reserve System, the Federal Reserve Banks, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency. [read post]
22 Apr 2009, 9:01 am
The mortgage was provided by IndyMac bank, which was later taken over by the Federal Deposit Insurance Corporation. [read post]
22 Apr 2009, 8:32 am
The Federal Deposit Insurance Corporation (the "FDIC") has received over 400 comment letters on its new program for the purchase of legacy loans (the "Legacy Loans Program"). [read post]
21 Apr 2009, 7:30 pm
--The term "appropriate Federal banking agency" means-- (1) the Comptroller of the Currency, in the case of any national banking association, or any Federal branch or agency of a foreign bank; (2) the Board of Governors of the Federal Reserve System, in the case of-- (A) any State member insured bank, {{2-29-08 p.1071}} (B) any branch or agency of a foreign bank with respect to any provision of the Federal Reserve Act which is made… [read post]
21 Apr 2009, 5:11 am
Senior Federal Deposit Insurance Corporation officials privately discussed who might replace Citigroup Chief Executive Vikram Pandit if the bank needed more government aid, The Financial Times reported. [read post]
20 Apr 2009, 2:14 am
In an interesting decision that raises a host of important issues, a federal district court applying Arkansas law held that due to renewal application misrepresentations, a hospital’s D&O insurance policy is void ab initio, and therefore that the hospital must refund amounts the insurer previously paid as defense costs. [read post]
18 Apr 2009, 4:00 pm
The full impact of the HVCC remains to be seen but the entire issue could be moot once the Federal Deposit Insurance Corporation's "Interagency Appraisal Evaluation Guidelines" go into effect. [read post]