January 2009
A review on IndyMac anf IMB Management Holdings!
Hope one day we won’t see “FDIC has found buyer for FDIC”. Funny how it is so vague how much capital the buyer will “inject”. A group of private investors have agreed to buy for nearly $14 billion the collapsed home loans ...
October 2008
The news maker FDIC and Chairman Sheila C. Bair: significant latitude
FDIC Chairman Sheila C. Bair said, “The enactment of this legislation should ease fears among the public and financial institutions that have created uncertainty and disruption in the credit markets. As mandated by the statute, the FDIC will consult ...
US FDIC Chairwoman Sheila C. Bair's solution to AMERICA'S MONEY CRISIS
Knew this would happen. The FDIC may require more reserves from banks, but if the Fed decreases rates then it will be easier for banks to borrow to meet the requirement. Just forces rich people to spread amounts over many banks so in long run banks ha...
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