Mar 19th, 2009 - MarketWatch
Related topics:
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, a key regulator said Thursday.
"Congress should examine a more fundamental question of whether there should be limitations on the size and complexity of institutions whose failure would be systematically significant," said Federal Deposit Insurance Corp. Chairwoman Sheila Bair at a Senate Banking Committee hearing on modernizing bank supervision.
Related stories:
Washington Mutual sues FDIC for over $13 billion
Mar 21st, 2009 - Reuters
NEW YORK (Reuters) - Washington Mutual Inc, the failed U.S. savings and loan, has sued the Federal Deposit Insurance Corp for well over $13 billion in connection with the loss of its banking operations...
Dodd Political Stock Tumbling Over AIG Bonuses
Mar 20th, 2009 - The Huffington Post
WASHINGTON — Democrats may want to start thinking about a bailout for Senate Banking Committee Chairman Christopher Dodd, whose political stock has slipped amid the financial meltdown.
IndyMac Bank’s Sale to Investor-Owned Thrift Completed by FDIC
Mar 20th, 2009 - Bloomberg
March 20 (Bloomberg) -- The Federal Deposit Insurance Corp.completed the sale of IndyMac Federal Bank to investors led bySteven Mnuchin, a former Goldman Sachs Group Inc...
FDIC to phase out debt guarantee plan
Mar 17th, 2009 - CNNMoney
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.
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:
5:06BAC collector fraudulently explains foreclosure 7/25/09 part 2 of 2
to fail," therefore holding a company this size to account would be disastrous for the financial markets. FDIC Director Sheila Bair literally pleaded to Congress two days ago (7/23) requesting essentially a separate tier if you ...
6:01BAC collector fraudulently explains foreclosure 7/25/09 part 1 of 2
to fail," therefore holding a company this size to account would be disastrous for the financial markets. FDIC Director Sheila Bair literally pleaded to Congress two days ago (7/23) requesting essentially a separate tier if you ...
6:00Sweden to America; Slow Down on the Socialism. It doesn't Work. Even France Knows. Glenn Beck
), AIG and that they would have prevented this mess that we are in. Do they think that we are fools? I wouldn't trust our government to run a 7-11 store, let alone a multibillion dollar company. Or maybe I am wrong, maybe Barney Frank ...
19:39President Obama Announces Financial Regulation Reform
understood what was happening. Where there were gaps in the rules, regulators lacked the authority to take action. Where there were overlaps, regulators lacked accountability for their inaction. An absence of oversight engendered systematic, and systemic, abuse ...
