Tag: fdic

 

Banks going broke? Charge them more

Published on March 4, 2009

The banking-sector crisis is getting better by the minute. What was a financial disaster has turned into some first-rate political entertainment. Our nation’s leaders are putting in an award-winning performance.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): I guess the theme of the day is “circular logic.” It does not matter whether we look at the [...]

Bad bank, bad bank, whatcha’ gonna do… when they come for you

Published on January 28, 2009

Washington is meddling with free markets once again. It has not even voted on Obama’s huge stimulus, but is already talking about a plan that could add another trillion dollars of taxpayer money to the list of bailout mistakes. Has Obama found the money tree?
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): The Democrats are in power [...]

IndyMac (IDMC) First of Many Banks to Fail

Published on July 15, 2008

“Don’t let the name ‘regional banks’ fool you. We’re talking about some of the biggest banks in the US. The reality is that regardless of how much money the U.S. government pumps into Freddie and Fannie, the U.S. financial system is in big trouble.” — John Stepek
Blogger’s note: The Fed may have decided that Fannie [...]

Is the FDIC Predicting Another Bear Stearns Or Something Worse?

Published on June 23, 2008

“In all my years of reading the Journal and other financial newspapers, I’ve NEVER seen the FDIC advertise their work. So doesn’t it seem a little suspicious that the FDIC took out a full-page ad in the midst of the country’s worst financial crisis since 1990?” — Eric Roseman
by Eric Roseman
Baltimore — (TFN): Something smells [...]