Articles in bank failures
The FDIC Plans to Raise Bank’s Insurance Premiums
In an effort to recoup money spent in clean up efforts, the FDIC plans to raise insurance premiums. From Washington post, FDIC Plan Would Shore Up Fund
“The Federal Deposit Insurance Corp. yesterday proposed to recoup …
FDIC Ramps Up for More Bank Failures
The FDIC (Federal Deposit Insurance Corp.) is visably ramping up to handle more bank failures in the coming weeks and months. It will soon sign a 5-year lease to add five floors to its Dallas, …
Defaults Likely to Force More Bank Failures
“The Federal Deposit Insurance Corp. (FDIC) has been called in as receiver for eight banks through August 4, 2008, following the closure of four institutions in 2007. Prior to the recent closings, the FDIC had …
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