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FDIC orders banks to track bailout money

Source: Charlotte Observer Online

Washington : DC : USA | 10 months ago

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Federal regulators are asking financial institutions, including Charlotte's Bank of America Corp., to monitor their use of government money received under the $700 billion rescue plan and other support. The agency called on banks to include a summary of that information in their periodic reports...

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READ MORE: banks, bank, 700 billion, bailout, fed, FDIC

More News From: Washington : DC : USA

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News Stories

FDIC urges banks to track use of bailout cash

News Source: Denver Post | 10 months ago

U.S. financial rescue program to report how they are using the funds to support consumer lending and foreclosure relief...Democratic lawmakers have faulted the Bush administration for distributing $350 billion from the financial-rescue fund approved...
FDIC orders banks to track bailout money

News Source: Charlotte Observer Online | 10 months ago

Federal regulators are asking financial institutions, including Charlotte's Bank of America Corp., to monitor their use of government money received under the $700 billion rescue plan and other support. The agency called on banks to include a summary...
FDIC asks banks to monitor use of bailout money

News Source: Palm Beach Post | 10 months ago

Federal regulators are asking financial institutions to monitor their use of government money received under the $700 billion rescue plan and other support...The agency called on banks to include a summary of that information in their periodic...