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Business

Occupy Wall Street: Washington Still Doesn't Get It | Matt Taibbi
Business  (tags: Occupy Wall Street, U.S., President Obama, Bank of America, Merrill Lynch derivatives, FDIC, Federal Reserve, Sarbanes-Oxley, fraud contnues, Obama's Jobs Council, protest necessary )

Judy
- 1007 days ago - rollingstone.com
I'll have more coming out about this in a few days, but there have been two disgusting developments in the realm of plutocratic intervention on behalf of Wall Street that everyone protesting should take note of.
Bank Profits Soar, Lending Falls As Banks Pay Next To Nothing For Funds
Business  (tags: Bank Bailout, Bank Lending, Bank Profits, Banks, Fdic, Federal Deposit Insurance Corp, Financial Crisis, Sheila Bair, The Financial Fix, Zirp, Business News )

Judy
- 1422 days ago - huffingtonpost.com
Bank profits jumped 21% last quarter to nearly $22 bil, the highest level in 3 years, as banks put away less money to cover future losses, fewer borrowers fell behind on payments and lenders paid the least for their funds in perhaps 50 years...
FDIC Chief Sheila Bair: Bailout Helps Banks, Does Little for Homeowners
Business  (tags: Sheila Bair, FDIC, bailout, banks, mortgages, brokerage firms, homeowners )

RC
- 2109 days ago - online.wsj.com
In a break with other top administration officials, the head of the Federal Deposit Insurance Corporation (that insures our bank savings up to a temporary limit of $250,000) sharply criticized the current bailout for institutionalizing its rescue efforts.
FDIC Limit Officially Raised to $250,000
Business  (tags: economy, government, finance, money, FDIC )

Patricia
- 2113 days ago - money.cnn.com
The Federal Deposit Insurance Corp. (FDIC) on Friday formally approved the increased insurance limit of $250,000 per regular account that was part of the financial rescue legislation enacted last week
Feds Seize Two More Banks
Business  (tags: Bank Fails, Bank Failure, Fdic, First Heritage Bank, First National Bank Of Nevada, Business News )

Blue
- 2190 days ago - huffingtonpost.com
The FDIC said the takeover of the failed banks was the least costly resolution and all depositors _ including those with funds in excess of FDIC insurance limits _ will switch to Mutual of Omaha with "the full amount of their deposits."
FDIC Shuts Down NetBank Due to Defaults
Business  (tags: FDIC, Bank, Closed, mortgage defaults, loan hailures, crisis, corporation, economy, finance, government, market, money, mortgage, suffering )

SDCA
- 2490 days ago - informationliberation.com
NetBank Inc., an online bank with $2.5 billion in assets, was shut down by the government on Friday because of an excessive level of mortgage defaults. It was the largest savings and loan failure since the tail end of the industry's crisis more than 14yrs
   

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