Journalist @baltimoresun writer artist runner #amwriting Chaplain PIO #partylikeajournalist

Journalist @baltimoresun writer artist runner #amwriting Chaplain PIO #partylikeajournalist
Journalist @baltimoresun writer artist runner #amwriting Md Troopers Assoc #20 & Westminster Md Fire Dept Chaplain PIO #partylikeajournalist
Showing posts with label Business Banking FDIC. Show all posts
Showing posts with label Business Banking FDIC. Show all posts

Monday, September 28, 2009

Baltimore Sun Bank Failures graph


20090923 Sun Bank Failures graph
Related:

September 28, 2009 story Treasurys rise for 5th straight day even as stocks rebound; investors cautious ahead of data SARA LEPRO ,AP Business Writer ...bill rose to 0.10 percent from 0.09 percent. Its discount rate was 0.11 percent. The cost of borrowing between banks was flat. The British Bankers' Association said the rate on three-month loans in dollars ? the London Interbank Offered... TAGS: Bonds, Abbott Laboratories, Affiliated Computer Services Inc., Mergers, Acquisitions and Takeovers, Xerox Corporation

September 28, 2009 story FDIC chair calls for federal regulation of bank overdraft fees CANDICE CHOI, JEANNINE AVERSA ,AP Business Writers ...industry earned about $29 billion from overdraft fees, according to Oliver Wyman, a Boston-based consulting firm for the banking industry. As part of the changes announced last week, the Bank of America, JPMorgan Chase, U.S. Bank and Wells Fargo...TAGS: J.P. Morgan Chase & Co., National Government, Central Bank, Lawyers, Consumers

September 28, 2009 story FDIC likely will require banks to prepay $36 billion fees to replenish deposit insurance fund MARCY GORDON ,AP Business Writer
...executives and a government official said. The banking industry prefers that option over a special...FDIC look as if it were beholden to the banking industry, experts say. Losses on...an ad hoc basis," said Bert Ely, a banking industry consultant in Alexandria, Va... TAGS: U.S. Department of Treasury, Air and Space Accidents, Prices, Heads of State, Emergency Planning

September 23, 2009 column Hale facing long odds in bailing out 1st Mariner Jay Hancock: … to fix a money-losing bank or have it seized by the government was the early 1990s. The trucking executive had gained control of the Bank of Baltimore, which lent itself into trouble in the last real estate crash.

Go to the Baltimore Sun for more on business and banking: http://www.baltimoresun.com/

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Saturday, March 07, 2009

Wall Street Journal: FDIC - Bank Robbery

Bank Robbery

Depleting capital when it's most needed.

MARCH 4, 2009
REVIEW & OUTLOOK

The Treasury and Federal Reserve continue to cook up creative ways to pump taxpayer money into troubled financial institutions. So we're having a tough time understanding why another federal agency, the FDIC, has announced plans to take $27 billion out of the banking system this year.

It's true that the FDIC's deposit-insurance fund has been shrinking, and that since the beginning of 2009 the FDIC has rolled up two banks a week, on average. It took over two more last Friday. The fund is now down to $19 billion from $52 billion a year ago and by law had to be replenished.

But the deposit-insurance fund is itself a legal fiction…


More: Bank Robbery

20090304 WSJ Bank Robbery

http://online.wsj.com/article/SB123612634762624059.html
Kevin Dayhoff www.kevindayhoff.net http://kevindayhoff.blogspot.com/