Tue, Mar 17th, 2009
Related topics:
WASHINGTON (Reuters) -- The Federal Deposit Insurance Corp. said Tuesday it is phasing out a program to guarantee certain bank debt and approved surcharges to replenish the agency's deposit insurance fund until the program ends.
It also voted to extend the debt portion of the voluntary Temporary Liquidity Guarantee Program by four months. The surcharges, ranging from 10 to 50 basis points, would be targeted at institutions that take advantage of the extension of the program.
Related stories from top sites:
US bad-asset plan won't limit pay at nonTARP banks
Mar 9th, 2009 - Reuters
(Adds Bair comments on taxpayer benefit, pricing, bylines) WASHINGTON, March 23 (Reuters) - U.S. banks that sellassets in the government's public-private investment programbut...
Fink Says BlackRock to Take Part in Geithner’s Toxic-Asset Plan
Mar 9th, 2009 - Bloomberg
March 23 (Bloomberg) -- Laurence Fink said BlackRock Inc.,the biggest publicly traded U.S. asset manager, will participatein the U.S. Treasury’s programs to purchase troubled securitiesfrom banks.
Dodd: FDIC may be place for systemic regulator, Fed is too busy
Mar 9th, 2009 - MarketWatch
WASHINGTON (MarketWatch) - Before lawmakers on Capitol Hill begin contemplating the creation of a broad systemic regulator, legislators should consider limiting the size and complexity of financial institutions as a means of reducing risk...
US FDIC phasing out debt guarantee plan
Mar 9th, 2009 - Reuters
(Adds Bair comments, details on surcharges, extension) WASHINGTON, March 17 (Reuters) - The Federal DepositInsurance Corp said on Tuesday it is phasing out a program toguarantee...
Bair says FDIC has enough money but wants cushion
Mar 9th, 2009 - Reuters
WASHINGTON, March 9 (Reuters) - Sheila Bair, head of theU.S. Federal Deposit Insurance Corp, said on Monday more bankswould fail this year but the agency had enough money to do itsjob...
Related videos from YouTube:
- Obama Administration Released...Analysis and discussion with FDIC Chairman Sheila Bair. (For The Record)
- Don't Panic! OECD Says things...trillion, please: www.telegraph.co.uk Port jobs at risk as rates row escalates: www.telegraph.co.uk Latest Schultz Shock: a 'bank holiday': www.marketwatch.com China's overdue credit-card debt increases: www ...
- FDIC Now BankruptPlease rate subscribe and pass on. Thank you. The current reserve ratio of 0.014%1 strongly indicates how bad this crisis has affected US financial institutions. However, this is not the entire story ...
- part 1 - Bob Chapman on...FDIC bankrupt ! Alex Jones Tv with Jason Bermas 1/2:Bob Chapman on Future Banks Going Under!!
Related stories from Digg:
Biggest Banks Lose FDIC Debt Guarantees
Some of the nation's largest financial companies, including Citigroup (NYSE: C), GE Capital (NYSE: GE), JPMorgan Chase (NYSE: JPM), Wells Fargo (NYSE: WFC), Bank of America (NYSE: BAC) and others will no longer have certain debt guaranteed by the federal government through the FDIC’s Temporary Liquidity Guarantee Program as of October 31st.(Business & Finance)
RgnadKzinWed, Oct 21st, 20092 Diggs, 0 CommentsFreedom's Phoenix newsletter, September 29, 2009 PM edition
Is Obama Planning a VAT Surprise for America? -- FDIC wants banks to prepay fees to meet its debt -- Rep. Doolittle, wife named as unindicted co-conspirators in corruption case -- The Banking System Is Insolvent -- US To Break Up Soon? - Chuck Baldwin -- Your Panhandling Permit, Please? -- What Causes a Depression? - by Bill Bonner --(World News)
FascistNationTue, Sep 29th, 20091 Diggs, 0 CommentsWSJ.com - Banks Face Loss of Debt Guarantee
The FDIC is preparing to wind down an emergency program it launched last year, which could become a test of how the banking industry will fare without extraordinary government assistance.(Business & Finance)
mckibbinusaThu, Sep 10th, 20091 Diggs, 0 Comments
Leave a Reply