FDIC to Ease Entry for Private-Equity Firms Buying Failed Banks
bloomberg.com 8/25/2009 — Aug. 25 (Bloomberg) -- The Federal Deposit Insurance Corp., is poised to make it easier for private-equity firms to buy banks after the fastest pace of bank closings in 17 years cost the agency’s insurance fund more than $21 billion. The FDIC board ...

As of Friday August 14, 2009, FDIC is Officially Bankrupt
globaleconomicanalysis.blogspot.com 8/15/2009 — Bank Failure Friday is in full swing. Tonight there were 5 more failures, numbers 73 through 77 on the year. In the biggest failure since WaMu, BB&T Takes Over Colonial . Colonial BancGroup Inc., the Alabama lender facing a criminal probe, had its ...

FDIC Bank Failures: By the Numbers
calculatedriskblog.com 5/23/2009 — Three banks were closed by the FDIC this week, for a total of 36 banks so far in 2009. The largest was BankUnited in Florida with $12.8 billion in assets. To put those failures into perspective, here are three graphs: the first shows the number of ...

Systemic risk and deposit insurance premiums
VoxEU.org 9/4/2009 — Viral Acharya , 4 September 2009 Financial institutions enjoy a large number of government guarantees. This column says that we ought to be charging banks for such subsidies and doing so in a way that promotes financial stability. It uses the example ...

Is The FDIC Broke And Covering It Up?
market-ticker.denninger.net 8/3/2009 — I have to wonder. First, we have Corus , which reported a negative Tier 1 Ratio. That is, they are formally "in the hole" in terms of assets .vs. liabilities. This is never supposed to happen - but it did, "Prompt Corrective Action" be ...

For FDIC, a long tunnel and little light
blogs.reuters.com 8/28/2009 — There's good news and bad news in the FDIC's quarterly profile of the banking sector. The good news is that it has ample resources to handle the problem banks on its radar. The bad news is that the too-big-to-fail banks aren't on it.

FDIC insurance, inspected
ftalphaville.ft.com 4/6/2009 — Remember the story that FDIC, which insures bank deposits in the US, could go bankrupt? While it's highly improbable that the agency, with its explicit support from the US government, would be allowed to go bust, it's true that it is in pretty ...

Press Releases - PR-68-2009 5/8/2009
fdic.gov 5/8/2009 — FDIC to Open a Temporary East Coast Satellite Office The Jacksonville Office will Assist with Asset Sales and Bank Closings The Federal Deposit Insurance Corporation (FDIC) today announced it will open a temporary satellite office in Jacksonville, ...

FDIC “Problem Bank” List Jumps to 305
optionarmageddon.ml-implode.com 5/27/2009 — FDIC released it’s quarterly banking profile for Q1 this morning. The news was not good in Q1. Here is a link to the full text of the press release. Highlights: Commercial banks and savings institutions insured by the Federal Deposit ...

Press Releases - PR-59-2009 4/24/2009
fdic.gov 4/25/2009 — FDIC Approves the Payout of the Insured Deposits of First Bank of Beverly Hills, Calabasas, California The Federal Deposit Insurance Corporation (FDIC) approved the payout of the insured deposits of First Bank of Beverly Hills, Calabasas, California. ...