161 posts tagged fdic
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"Walk Away" Foreclosures Sign Of Times?
http://willgrundyrealestate.com/ 2008/ 05/ 17/ walk-away-foreclosures-sign-of-ti…As long as there have been mortgages, there have been foreclosures. In times past, the unfortunate or unexpected would happen, and the unlucky homeowner would find themselves on the street. This occurrence, however, was an anomaly.
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Bailout Update
http://blog.metro-real-estate.com/ ?p=415Here are some comments by Sheila Bair, the head of the FDIC, given today at the Brookings Institution Forum in Washington D.C. Housing crisis Without a doubt, we have some significant challenges ahead of us. And while some credit markets may be stabilizing, families, communities, and the economy continue to suffer.
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ANB Follow up and interesting FDIC rule
http://insidenwa.com/ anb-follow-up-and-interesting-fdic-rule/People are still working on getting their money from ANB if they were not the most common and insured accounts. Pulaski Bank took all of the insured accounts over and has pledged to change very little for the customers but the accounts they didn’t take are in the hands of the FDIC still.
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Where Can You Start a Savings Account Online?
http://www.financingwealth.com/ 2008/ 05/ 14/ where-can-you-start-a-savings-acco…If you are thinking about of saving money, a savings account would definitely come in the picture. If truth be told, saving your money in a savings account is probably the easies way to get your money to work to your advantage. For most people a savings account is the first bank account they will have in their life.
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FDIC
http://www.babeled.com/ 2008/ 05/ 14/ fdic/Let’s get one thing straight: the U.S. Federal Government will not let any major banking and/or lending institution go bankrupt. There may be an intermediary deal where another bank purchases the failing bank for pennies on the dollar (see JP Morgan Chase’s bail-out of Bear Stearns), but there will not be a full bankruptcy.
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How would Europe, Australia and New Zealand cope with a Big Bank Collapse?
http://www.petermacfarlane.net/ 2008/ 05/ 14/ how-would-europe-cope-with-a-big-b…How would Europe, Australia and New Zealand cope with a Big Bank Collapse? May 14th, 2008 How would Europe cope if a big bank collapsed in its midst? How effective is deposit insurance in Europe? Those are questions asked in a recent Economist article, entitled When the Safety Net Fails.
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Useful Resource from the FDIC: Bank Insurance Calculator
http://www.savings-investor.com/ 2008/ 05/ useful-resource-from-fdic-bank.htmlOn May 9, 2008, ANB Financial, NA, Bentonville, Arkansas was closed by the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) was named Receiver. All insured deposit accounts have been transferred to Pulaski Bank and Trust Company, Little Rock, Arkansas and will be available immediately.
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Banking On Failure
http://www.boom2bust.com/ 2008/ 05/ 12/ banking-on-failure/Bank failures. They’re coming, according to a number of industry analysts. For them, the only question is, “How many?” Back on April 29, I wrote: Sheila Bair, chairman of the Federal Deposit Insurance Corporation, said new data on the FDIC‘s so called “troubled bank” list will show an increase over the current 76 banks on the list.
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Wall Street Chaos
http://www.financialplannerny.com/ 7/ wall-street-chaos/Wall Street chaos: How to plan your money Planners advocate prudence - and a cash cushion - to get you through volatile times. &&&&& By Jeanne Sahadi, CNNMoney.com senior writer Last Updated: March 18, 2008: 5:01 PM EDT NEW YORK (CNNMoney.com) — The phrase “run on the bank” is really something you never want to hear.
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FDIC Shuts Down ANB Bank In NW Arkansas
http://www.thought-criminal.org/ article/ node/ 1612FDIC Shuts Down ANB Bank In NW Arkansas Submitted by MichaelVail on Mon, 05/12/2008 - 5:28pm. 1984 ANB Arkansas National Bank bank failure Enslavement FDIC Ministry of Love Ministry of Plenty Our Government At Work Processing deposit accounts in a bank failure Spotlight TheProles In this slow economy, even banks are feeling the pinch.
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