fdic

Welcome to the 'fdic' tag page at Technorati. This page features content from the farthest reaches of the Blogosphere that authors have "tagged" with 'fdic'.

Latest blogosphere posts tagged “fdic”

• (JPM) United States Bank Failure Tally Reaches 120 in 2009

  
  Stock Blog Hub — Authority: 506
  Regulators shut down 5 more banks in Georgia, Michigan, Minnesota, Missouri and California; tally hits 120 so far this year U.S. regulators on Friday shuttered five more institutions in Georgia, Michigan, Minnesota, Missouri and California , as the recession continues to take its toll on banks. This takes the total ...
  6 hours ago

• Did anything FUNDAMENTALLY change to have caused this rally?

  
  InvestmentWatch — Authority: 449
  1. Unemployment still soaring through the stratosphere. (check) 2. Dollar still dropping like a bad habit. (check) 3. Oil still rising without justification. (check) 4. FDIC Fridays still occurring on a consistent level. (check) 5. First time unemployment claims still consistently above 1/2 million each week. ...
  6 hours ago

• Small-Business Card Company Files Ch. 11

  
  Business Blog — Authority: 164
  Advanta became notorious for offering business cards at low rates and then raising them steeply. Its finance unit may wind up in the hands of another bank, says BW’s John TozziSee the rest here: Small-Business Card Company Files Ch. 11 a2a_linkname="Small-Business Card Company Files Ch. ...
  12 hours ago

• Hard times coming… mark to fiction round 2…

  
  shopyield.com — Authority: 428
  BusinessWeek writes : Why This Real Estate Bust Is Different Unrealistic assumptions, layers of investors, sky-high prices, and possible fraud will make it hard to clean up the mess in commercial real estate “When Goldman Sachs (GS) sold complex bonds backed by the Arizona Grand Resort and other commercial ...
  12 hours ago

• Failed Gateway Bank was small but significant

  
  Mound City Money — Authority: 470
  Gateway Bank of St. Louis, which was closed by regulators on Friday , was tiny in banking terms, with only $27 million of assets. Its historical significance, however, was much larger. Gateway was founded in 1965 as an black-owned bank, at…
  13 hours ago

• What is a Bank CD?

  
  Rich Credit Debt Loan — Authority: 547
  Before comparing interest rates or buying a CD at the bank, come to an understanding on how Certificates of Deposit work. Rules and Regulations of Bank CDs CDs, commonly known to many as bank certificates of deposit, are issued by many different banks. CDs are tightly regulated via state and federal banking ...
  17 hours ago

• Handwriting on the Wall?

  
  Bank Lawyer's Blog — Authority: 123
  In mortgage banking, the " elephant in the room " used to be repurchase obligations. That elephant (just like Sarah Palin) "went rogue" over the past two years and as a result, mortgage loan investors are busy trying to ensure that if you pay it forward, you sure better be able to buy it back , Fannie ...
  1 day ago

• Be Prepared, The Worst Is Yet To Come

  
  Bible Prophecy In The News — Authority: 467
  The large-scale government intervention in the economy is going to end badly. Any number of pundits claim that we have now passed the worst of the recession. Green shoots of recovery are supposedly popping up all around the country, and the economy is expected to resume growing soon at an annual rate of 3% to [...]
  1 day ago

• Keeping you up-to-date on latest Phishing phoolery

  
  Eideard — Authority: 491
  FDIC phishing ploy. [IMG: http://stats.wordpress.com/b.gif?host=eideard.wordpress.com&blog=3848052&post=45458&subd=eideard&ref=&feed=1]
  1 day ago

• Friday Night Bank Closures – I missed one….

  
  tvanderwell on SmartHippo.com — Authority: 439
  There were actually 5 of them last night. Calculated Risk: Bank Failure #120: United Commercial Bank, San Francisco, California From the FDIC: East West Bank, Pasadena, California Assumes All the Deposits of United Commercial Bank, San Francisco, California United Commercial Bank, San Francisco, California, ...
  2 days ago

• Five more banks go under, including one with $11.2 billion in assets

  
  Bear Market Investments — Authority: 501
  By Chris Carey, Bailout Sleuth Regulators seized five more financial institutions on Friday, including a bank in San Francisco that had $11.2 billion in assets and primarily served the Chinese-American community.   United Commercial Bank , which also had operations overseas, was the last to be shut down, ...
  2 days ago

• Doreen Woo Ho’s New Chapter Is Her Last, San Fran’s R&G Lounge Says “Drop Dead”

  
  Bear Market Investments — Authority: 501
  Zero Hedge October 1, Message from Doreen Woo Ho, CEO of United Commercial Bank : Dear Valued Customer, As UCB’s Acting President and CEO, one of my top priorities is to keep our customers updated on important developments at the bank.  Over the last several weeks, we have made significant ...
  2 days ago

• More Extortion By The Banks

  
  Bear Market Investments — Authority: 501
  By Karl Denninger, The Market Ticker Yeah, that’s a strong word. In my opinion it is also the only word that’s appropriate for the circumstances: The Fed has been informed by dealers that they would be willing to enter into very sizable amounts of reverse repos with the Fed, if asked to do so, provided ...
  2 days ago

• TARP Loses $299 million Investment in United Commercial Bank

  
  Calculated Risk — Authority: 750
  From the LA Times: United Commercial Bank is shut down, sold to East West Bancorp Toppled by loan losses and misstated financial reports, San Franciscos United Commercial Bank was shut down by regulators Friday night ... United Commercials collapse may cause a greater-than-usual stir because a year ago the federal ...
  2 days ago

• Friday Night Bank Closures – I missed one….

  
  Straight Talk About Mortgages and Real Estate — Authority: 544
  There were actually 5 of them last night. Calculated Risk: Bank Failure #120: United Commercial Bank, San Francisco, California From the FDIC: East West Bank, Pasadena, California Assumes All the Deposits of United Commercial Bank, San Francisco, California United Commercial Bank, San Francisco, California, ...
  2 days ago

• California bank failure will cost FDIC $1.4 billion

  
  Progressive News Daily — Authority: 158
  by Up In Arms Democratic Underground cross posted at CBS Marketwatch SAN FRANCISCO (MarketWatch) — Five more banks, including a California-based institution that reportedly received federal bailout funds in 2008, were closed Friday by regulators, bringing the 2009 total to 120 failed banks. The latest banks to ...
  2 days ago

• FDIC Maintains Fast Pace of Regulatory Orders

  
  Mortgage-Blog — Authority: 152
  The Federal Deposit Insurance Corporation reported that it processed 48 enforcement actions and matters during September. The agency processed the same number during August. September’s activity included 26 cease-and-desist orders.
  2 days ago

• U.S. closes Home Federal Savings in Detroit

  
  Forex and Stock Market information, MMO, SEO and IT guide — Authority: 124
  Bank regulators closed Home Federal Savings Bank, of Detroit, on Friday, the 117th U.S. bank to fail this year as deteriorating loans continue to take their toll on financial institutions. The Federal Deposit Insurance Corp said Home Federal Savings Bank had $14.9 million in assets and $12.8 million in deposits. ...
  2 days ago

• U.S. regulators close Gateway Bank, Prosperan Bank

  
  Forex and Stock Market information, MMO, SEO and IT guide — Authority: 124
  Bank regulators closed Gateway Bank of St. Louis, in St. Louis, Missouri, and Prosperan Bank, of Oakdale, Minnesota, on Friday, the 118th and 119th U.S. bank to fail this year. The Federal Deposit Insurance Corp said Gateway Bank of St Louis had $27.7 million in assets and $27.9 million in deposits. The bank’s sole ...
  2 days ago

• The FDIC has quietly declared war on community banking.

  
  InvestmentWatch — Authority: 449
  Without any official announcement they have now set 13% as the required capital ratio. Banks that have capital below that rate are being served regulatory orders to raise more capital or disappear. That’s dramatically higher than just a year ago and banks will have a hard time getting new capital fast enough. Oh, ...
  2 days ago

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