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Clusterstock
Nov 30
Comment
It looks like the FDIC -- which already has one of the sorriest balance sheets around -- will continue to be a holding company for some of the worst banking assets around.
The FDIC seemed to be doing a good job of winding down banks, taking some...
Stock Market and Economic Analysis
Nov 27
Comment
In one of my earlier articles on 24th October 2009, I had talked about the slump in the FDIC's deposit insurance fund reserve ratio to 0.22. According to the third quarter report by the FDIC, the DIF reserve ratio stands at a negative of 0.16....
Bankstocks.com
Nov 25
Comment
The apparent end of the recession and stabilizing financial markets have not cured the banking industry, as souring and past-due loans have reached
Stock Market Analysis, Trading, And Financial Commentary - Rebel Traders
Nov 25
Comment
The cash reserves needed for the FDIC to keep paying depositors at failed banks has all been used up. Don't panic (yet anyways), the FDIC has an open credit line to the Treasury Department (uh, that means us tax payers) that will keep the FDIC...
Reuters
Nov 25
Comment
The government-run fund that safeguards U.S. bank deposits tumbled to a negative balance of $8.2 billion in the third quarter, as the number of problem banks surged by a third to 552.
Money Morning
Nov 24
Comment
By Bob Blandeburgo
Associate Editor
Money Morning
The Federal Deposit Insurance Corp. (FDIC) will likely have tap its credit line with the U.S. Treasury or impose more special premiums on banks, to ensure U.S. banks are fully...
Jr Deputy Accountant
Nov 24
Comment
The FDIC posted a 3rd quarter loss, gee, that's a surprise to whom? Kill the thing already, that's the only way this particular problem will find a solution. A $500 billion line of "credit" from the Treasury isn't going to do it, nor is pawning...
EX-SKF
Nov 24
Comment
DIF-insured deposits. How?The government institution that I love to hate, FDIC, has released its Quarterly Banking Profile report for the 3rd quarter that ended on September 30.They already admitted that the DIF (Deposit Insurance Fund) went...
Bloomberg
Nov 24
Comment
U.S. “problem” lenders climbed to
the most in 16 years, and the Federal Deposit Insurance Corp.’s
fund protecting customers against bank failures slipped into a
deficit in the third quarter, the agency said.
Reuters
Nov 24
Comment
The government-run fund that safeguards U.S. bank deposits tumbled to a negative balance of $8.2 billion in the third quarter, as the number of problem banks surged by a third to 552.
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