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Posts related to ‘FDIC’

Media Digest 1.5.2011 Reuters, WSJ, NYT, FT, Bloomberg

Posted: January 6, 2011 at 4:01 am

LinkedIn will go public this year (Reuters) China said the yuan was not the cause of trade problem with the US (Reuters) BP plc (NYSE: BP) and other firms involved ...
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US Bank Closures Hit 103 Compared With 64 Last Year

Posted: July 24, 2010 at 7:23 am

The FDIC in conjunction with state bank authorities closed seven more banks on July 23, bringing the total for the year to 102. The cost to the Deposit Insurance Fund ...
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Media Digest 7/1/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: July 1, 2010 at 4:04 am

Reuters:   The House passed the financial reform bill leaving the Senate to act Reuters:   Work on the BP plc (NYSE: B) oil spill will be delayed because of Hurricane Alex. ...
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2010 Bank Closings Hit 81, Costs May Hit $100 Billion

Posted: June 5, 2010 at 7:44 am

The FDIC closed three banks Friday bringing the total to 81 for this year. The news raises the question of whether the $45 billion that the agency raised last year ...
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Bank Failures Hit 78

Posted: May 30, 2010 at 5:28 pm

Bank failures hit 78 on Friday putting them on a course that could that will take them over 200 in 2010. Sun West Bank, Las Vegas, NV Granite Community Bank, ...
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FDIC Bank Closures Hit 73 For 2010

Posted: May 22, 2010 at 4:04 pm

The FDIC total  bank closures hit 73 on Friday. Pinehurst Bank, St. Paul, Minnesota, was closed today by the Minnesota Department of Commerce, which appointed the Federal Deposit Insurance Corporation ...
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FDIC Signal Bank Industry Improvement, Hiding Scars

Posted: May 21, 2010 at 4:49 am

The FDIC Quarterly Banking Profit reports that industry net income rose to a two-year high of $18 billion. While that seems like a large number, it is spread across almost ...
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Four More Banks Fail, Total Of 68 In 2010.

Posted: May 8, 2010 at 6:44 am

Another week, more bank closers. The FDIC and state authorities shuttered four more banks. Those closed along with details of the FDIC costs and sales of assets: 1st Pacific Bank ...
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FDIC Total Bank Closings Hit 48–Details Of The Eight Latest

Posted: April 17, 2010 at 10:20 am

The FDIC announced the details of eight more bank closings, bringing the 2010 total to forty-eight. The current pace would put total bank failures to nearly 200 this year. Those ...
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Breaking The Banks With A New “Sin Tax”

Posted: April 14, 2010 at 6:00 am

Regulators in the US and Europe are still sifting through a variety of programs that would create a tariff on large  banks to create a pool of money that could ...
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Signs Of The Apocalypse: Dozens Of TARP Banks Miss Payments

Posted: March 20, 2010 at 11:01 am

Among the things that the Treasury Department elects to say very little about is how many of the firms that still owe the government TARP money are not even paying ...
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