Post Tagged with: "FDIC"

Links: 2010-05-08 Fat Fingers and FDIC Friday Four

If you would like to receive our links in real-time please follow me at @edwardnh or go to our site’s News Feed. FT.com – Uncovering the true level of US and UK public pension liabilities Tattling for Dollars: The Ranks of IRS Tax Informants Grows – DailyFinance Consumer Credit Use Unexpectedly Rises in March, Though

Links: 2010-05-01 FDIC Failure Friday recap

Failure Friday News Scotiabank buys Puerto Rican bank – The Globe and Mail Regulators Close Three Banks in Puerto Rico – WSJ.com FDIC: Failed Bank Information – Bank Closing Information for Frontier Bank, Everett, WA FDIC: Failed Bank Information – Bank Closing Information for Champion Bank, Creve Coeur, MO FDIC: Failed Bank Information – Bank

Links: 2010-04-24 Failure Friday Recap

If you would like to receive our links in real-time please follow me at @edwardnh or go to our site’s News Feed page. Going forward I will try to add foreign-language links as many readers are from abroad. Please send me links via the contact form on the site. Failure Friday FDIC: Failed Bank Information

Links: 2010-04-21 GM repays bailout, FDIC sells assets

Finance and Economy GM repays $8.1-billion in loans to Canada, U.S. – The Globe and Mail FDIC Closes on Two Note Offerings Backed by Loans and Real Estate from Corus Bank and Franklin Bank, S.S.B  Shocking Fraud from Financial Scum : Good Math, Bad Math – Science Blogs More than Half of U.S. Households Affected

Links: 2010-03-27 – Views on the Iron Chancellor and FDIC Friday Failures

Bank failure watch FDIC Pares Aid for Bank Buyers – WSJ.com New York Community Bank, Westbury, New York, Assumes All of the Deposits of Desert Hills Bank, Phoenix, Arizona Bank of the Ozarks, Little Rock, Arkansas, Assumes All of the Deposits of Unity National Bank, Cartersville, Georgia Centennial Bank, Conway, Arkansas, Assumes All of the

Links: 2010-03-20 – Bank Failure edition (plus repo man for the rich)

Jesse’s Cafe Americain: Boehner Tells Bankers to Stand Up to Those Senate Punks A Glimpse at the Judge Who Rapped the SEC – WSJ.com Hey, That’s My Jet! – WSJ.com Parenteau: The Hyperinflation Hyperventalists « naked capitalism Fed Told to Disclose on Friedman’s Goldman Purchases – WSJ.com Sell, Sell, Sell: SEC Investigating Jim Cramer’s TheStreet.com

Links: 2010-03-12 – Yellen for Fed Vice Chair, Bank failure Thursday and more

Obama to tap Yellen for Fed vice chair:source| Reuters BBC News – Rove ‘proud’ of US waterboarding terror suspects Walmart vende la Barbie negra a mitad de precio que la blanca ¿discriminación? – elConfidencial.com Examiner sees gimmicks in Lehman demise| Reuters FDIC: Failed Bank Information – Bank Closing Information for LibertyPointe Bank, New York, NY

January’s FDIC cease and desist and other administrative orders

Below is a partial list of January 2010 FDIC enforcement decisions and orders. I have only included cease-and-desist orders, prompt corrective action notices and termination of insurance orders as these are the signs of banking system distress. FINAL ORDERS ISSUED PURSUANT TO SECTION 8(b), 12 U.S.C. § 1818(b) Cease-and-Desist Peoples Independent Bank, Boaz, AL; FDIC-09-670b;

Links: 2010-02-13 – FDIC, Iceland, LA bankruptcy and more

Debt sustainability: Not so risk-free | The Economist Spain’s economic stagnation: The zapping of Zapatero | The Economist Race in America: Move your shadow | The Economist Greece must follow Ireland to solve fiscal woes — Cowen – European, Business – Independent.ie FDIC: FDIC Provides Additional Information on its Loss Share Agreement With OneWest Bank

Unprecedented moral suasion from regulators on small businesses lending

Today, I received a press release from the complete list of federal government regulators of the financial industry which all but ordering banks to lend to small businesses. Clearly, regulators are concerned as comments by Marc Chandler intimated in my last post. The regulators supporting the press release were the following: The Board of Governors

December’s FDIC cease and desist and other administrative orders

Below is a partial list of December FDIC enforcement decisions and orders. I have only included cease-and-desist orders, prompt corrective action notices and termination of insurance orders as these are the signs of banking system distress. The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative enforcement actions taken against banks

Sheila Bair blames the Fed for the credit crisis

Sheila Bair is a straight shooter. And as such, she laid it on the line today in her prepared remarks before Congress.  Her remarks were on the money on several counts. I will highlight just a few with commentary followed by the relevant quotes. A link to the testimony is provided at the end. Notice