Top FDIC News, Videos, and Blogs - WallStreetBlips

New York Community Bank, Westbury, New York, Assumes All of the Deposits of AmTrust Bank, Cleveland, Ohio

Fri, 4 Dec 2009 23:12:00 +0000

New York Community Bank, Westbury, New York, Assumes All of the Deposits of AmTrust Bank, Cleveland, Ohio AmTrust Bank, Cleveland, Ohio, was closed today by the Office of Thrift Supervision, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, ...

Calculated Risk found this 21 hours ago on fdic.gov

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Press Releases - PR-219-2009 12/4/2009

Fri, 4 Dec 2009 22:11:00 +0000

State Bank and Trust Company, Macon, Georgia, Assumes All of the Deposits of the Buckhead Community Bank, Atlanta, Georgia The Buckhead Community Bank, Atlanta, Georgia, was closed today by the Georgia Department of Banking and Finance, which appointed the Federal Deposit Insurance Corporation ...

Calculated Risk found this 22 hours ago on fdic.gov

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Press Releases - PR-220-2009 12/4/2009

Fri, 4 Dec 2009 22:11:00 +0000

State Bank and Trust Company, Macon, Georgia, Assumes All of the Deposits of First Security National Bank, Norcross, Georgia First Security National Bank, Norcross, Georgia, was closed today by the Office of the Comptroller of the Currency (OCC), which appointed the Federal Deposit Insurance ...

Calculated Risk found this 22 hours ago on fdic.gov

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AmTrust's bankruptcy filing may be a lesson learned from WaMu

Thu, 3 Dec 2009 14:05:00 +0000

By Teresa Dixon Murray, The Plain Dealer December 02, 2009, 9:10PM amtrust-bank-mentor.jpg Plain Dealer file The Amtrust branch on Mentor Ave. in Mentor. When AmTrust Financial Corp. filed for bankruptcy protection this week, it may have been trying to avoid what happened to Washington Mutual ...

The Market Ticker found this 2 days ago on cleveland.com

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Video: FDIC Insurance Fund In the Red

Wed, 25 Nov 2009 19:09:59 +0000

The FDIC's insurance fund posted a loss of $8.2 billion in 3Q of 2009. The agency added 136 insured banks to its list of "problem" banks.

MediaMan posted 10 days ago from marketnewslive.blogspot.com

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FDIC Fund Goes Into the Red

Tue, 24 Nov 2009 21:20:00 +0000

It seems that the healthy banks will get to come up with new funds all over again to protect the unhealthy banks, or maybe it is the regionals and community banks which will get to fund the problem. Or with any luck, the taxpayers can get to participate in the misery here. The Federal Deposit ...

BloggingStocks found this 10 days ago on 247wallst.com

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The FDIC Anesthesia Is Wearing Off

Sat, 21 Nov 2009 12:22:27 +0000

Perhaps the single greatest reason for the unbridled expansion of credit over the past 50 years is the existence of the Federal Deposit Insurance Corporation, another government-sponsored enterprise created by Congress. The coming rush of bank failures is an outcome made inevitable......

ForexHelpDesk posted 14 days ago from tradinghelpdesk.ning.com

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