Search for: "AIG Federal Savings Bank" Results 21 - 40 of 103
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6 Apr 2023, 6:31 am
Major investment banks, Fannie Mae and Freddie Mac, nearly all savings and loan institutions, off-balance sheet vehicles, AIG and banks around the world – all of them failed. [read post]
27 Feb 2012, 10:54 am by Mandelman
  Former SIGTARP Neil Barofsky has promised to try to figure things out, but again suggested that in the future Ben Bernanke refrain from accepting baseball card collections as collateral for loans made by the Federal Reserve, that the too-big-to-fail banks not be allowed to do more than three or four things at a time, and that leverage of 200,000 to 6 is taking things a bit far. [read post]
10 Jan 2020, 2:44 pm by Gene Killian
Federal courts generally aren’t famous for being policyholder-friendly, so I’m always pleasantly surprised when I see a federal court decision favoring coverage. [read post]
30 Sep 2008, 2:34 pm
  As the CEO of the first bank to go, the bridge-and-golf-playing James Cayne doesn't have good optics, but he did leave before the collapse. [read post]
13 Jul 2014, 1:41 am by rhapsodyinbooks
  An additional five huge companies [American International Group (AIG), Bank of American (BoA), Citigroup, Fannie Mae, and Freddie Mac] with truly enormous financial exposure were on the verge of failing. [read post]
6 Dec 2011, 6:37 am by Joe Palazzolo
There was a time, after the financial crisis, when federal agents and prosecutors thought they had another savings-and-loan type situation on their hands. [read post]
31 May 2023, 9:47 am by Zach Brown
Michael Barr is vice chair for supervision of the Federal Reserve, coming to this position not from a bank, but from the University of Michigan law school. [read post]
16 Nov 2012, 2:40 pm by Erik Gerding
So if it quacks like a bank, suffers runs like a bank, and is saved like a bank, it needs to be regulated like a bank. [read post]
24 Apr 2010, 12:21 pm by Page Perry LLC
Thus senior executives at Lehman Brothers, Citi, AIG and Merrill Lynch lost their savings, but not the rest of their net worth. [read post]
29 Oct 2009, 7:23 pm
In this case, it's that the Treasury Department decided that it had to save AIG come hell or high water and the rest of the consequences were "details. [read post]
6 Apr 2009, 3:24 am
AIG received tens of billions of dollars from the federal government to save them from a possible bankruptcy. [read post]
28 Feb 2009, 11:05 am
In addition, however, the investment banks that put together and sold the “mortgage-backed securities” entered into agreements with AIG under which AIG insured the securities. [read post]
7 Jul 2010, 10:52 am by Art Wilmarth
The federal government infused $290 billion of capital into the nineteen largest bank holding companies (BHCs) and AIG. [read post]
22 Jan 2010, 6:00 am by Lucas A. Ferrara, Esq.
In fact, most of the banks have repaid their TARP money, including almost $20 billion in interest, and most of the losses are expected from the auto industry and AIG. [read post]
20 Apr 2009, 4:59 pm
One problem was that Ameriquest, and mortgage lenders like it, were not banks or savings & loans -- and thus, they were not subject to federal banking laws. [read post]
5 Oct 2012, 9:12 am by admin
For decades, the FDIC has had the ability to take over failing federally insured banks. [read post]