Bair spoke to CNBC’s Maria Bartiromo about the Fed as a single regulator, her agency’s available capital, premiums for deposit insurance, FDIC seizures, private equity buyers and much more. The video is below and runs just under 11 minutes.

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Ron Paul was on CNN this morning talking about unemployment, the credit crisis, the Federal Reserve and a lot more.

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A number of new films have been produced chronicling the misadventures in America’s residential property markets and financial system.  One such story is American Casino. 
I have yet to see the film.  However, below is a clip from the filmmakers Andrew and Leslie Cockburn on one unforeseen consequence of the recent financial crisis. Abandoned homes [...]

Across the world, governments are doing their level best to shore up weak banking systems in the wake of the most significant final crisis in decades.  Most market players appear to believe these efforts successful; why else have shares risen so dramatically from lows late last year and early this year?
While I do believe the [...]

The FDIC has just released a press statement outlining the second quarter results for the fund and the financial institutions it regulates.  What was particularly notable in the statement was the decrease in funds available to deal with failed institutions and the increase in the number of problem institutions to 416. This surely indicates that [...]

With the Federal Deposit Insurance Corporation (FDIC) about to release its latest figures for banks it regulates and its own financial condition, now is a good time to review its role in this crisis. This post is about the FDIC’s role in the credit crisis, how it seizes banks and why I believe this matters.
In [...]

It’s official: Guaranty Bank is the second-largest bank seized by the FDIC in 2009. BBVA, through its American subsidiary Compass, is increasing its profile in the US. And now it can do so, not only through merger, but through FDIC asset seizure too. Here is the announcement that was leaked just yesterday:
Guaranty Bank, Austin, TX [...]

I count three already.  Here they are:
ebank, Atlanta, GA

Stearns Bank, National Association, St. Cloud, Minnesota, Assumes All of the Deposits of ebank Atlanta, Georgia

CapitalSouth Bank, Birmingham, Alabama

IBERIABANK, Lafayette, Louisiana, Assumes All of the Deposits of CapitalSouth Bank, Birmingham, Alabama

First Coweta, Newnan, Georgia

United Bank, Zebulon, Georgia, Assumes All of the Deposits of First Coweta, Newnan, Georgia

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Spain has been a laggard in the search for improving economic fundamentals.  The news coming out of Spain has been dreadful from employment to house prices to mortgages and banking. But the first ray of hope appeared yesterday when it was reported that late payments on loans granted by banks, savings banks and cooperatives fell [...]

Here are the latest FDIC seizures:
First State Bank of Altus, Altus, Oklahoma

Total assets of $103.4 million and deposits of approximately $98.2 million
Estimated cost to the Deposit Insurance Fund (DIF): $25.2 million.

Integrity Bank, Jupiter, Florida

Total assets of $119 million and total deposits of approximately $102 million.
Stonegate Bank paid a premium of 0.20 percent to acquire the [...]