Your Search Returned 88 tagged news reports
Even if President Barack Obama doesn’t deliver the change he promised, at least he could restore basic oversight in key financial areas. The need was highlighted by a story out of Cleveland last week. On Friday, Federal Deposit Insurance Corp. regulators...
Tags: Barack Obama, FDIC, Ohio, Congress, Los Angeles, Timothy Geithner, Banking in the United States, Politics, Business Finance, Bank, Financial institutions, AmTrust Bank, Troubled Asset Relief Program, Federal Deposit Insurance Corporation
Itching to get your hands on a multimillion-dollar ski condo at Steamboat?...Eager to invest in a potentially lucrative gas station on the Front Range?...Colorado taxpayers own dozens of properties because of federal takeovers of failed banks — from nearly...
Tags: FDIC, New Frontier, golf courses, Southern Colorado National Bank, James Frazee, failing banks, Kristen Specketer, Denver, Business Finance, GMAC, Federal Deposit Insurance Corporation, New Frontier Bank
Regulators closed Reston-based Greater Atlantic Bank Friday night, the first bank failure in Virginia since 1993. The failure does not affect the bank's customers. The Federal Deposit Insurance Corp. sold the bank's deposits and virtually all of its...
Tags: Greater Atlantic Bank, FDIC, Reston
So a line has been drawn – if not in the sand then somewhere between Wall Street and Main Street, between our Washington and their Washington, between it’s too big to fail and it’s too hard to survive. While some bankers complain that government regulators...
Tags: community banks, Washington First International Bank, Washington Mutual, Washington Bankers Association, FDIC, Tribune Laurie Stewart, Rainier Pacific Bank, Seattle Bank, Bank of Tacoma, banks failures, Tacoma, Banking in the United States, Sheila C. Bair, Business Finance, Too Big to Fail, Bank, United States federal banking legislation, Federal Deposit Insurance Corporation, Troubled Asset Relief Program
On one hand we want to see whatever we have grow as fast as possible but if either the times or the markets frighten us, we become as tight-fisted with our dollars as a newborn clutching her mother's finger...The trouble with this mentality is that investment...
Tags: FDIC, fdic insured, money market, market mutuals, mutuals fund, Insured Cash Shelter, cash reserves, shelter account, CDARS, Lou Vilardo, New York City
Fully 31 percent of the households headed by women in the state don't have a bank account, according to the survey. Other factors, including a lack of trust of banks, also can come into play. "Sometimes it's cultural issues; sometimes people don't trust...
Tags: banks account, Barry Matthews, FDIC, Union City
The recession is reflected in these numbers," said Roger Beverage, president of the Oklahoma Bankers Association. "It has hit Oklahoma — no question about that...The level of Oklahoma banks that failed to show a profit in the third quarter rose to 9.3...
Tags: Oklahoma Bankers Association, Oklahoma State University, AM Oklahoma, FDIC, oklahoma banks, Gary Simpson, insured institutions, Tulsa
When AmTrust Financial Corp. filed for bankruptcy protection this week, it may have been trying to avoid what happened to Washington Mutual last year. Federal regulators seized WaMu in September 2008 and sold it to JPMorgan Chase, leaving WaMu shareholders...
Tags: AmTrust Bank, AmTrust Financial Corp., amtrust banks, bankruptcy filed, parent company, FDIC, Jeff Davis, Berea
R aise your hand if you've heard something like this before: A couple looking to save money in tough times refinanced their home -- only to discover they'd been taken in by fraud. Now they are fighting foreclosure and the loss of their home. What you...
Tags: Clarks, Brenda Clark, FDIC, Glenn Clark, Michael Fiorito, Minnesota, Jacqueline Williams, Golden Valley
Bank regulators have ordered Ohana Pacific Bank, which opened in 2006 and caters primarily to Hawaii's Korean community, to shore up capital, improve asset quality and maintain adequate liquidity levels. Ohana Pacific Bank has agreed to a formal enforcement...
Tags: Ohana Pacific Bank, Nick Griffin, FDIC, enforcement actions, pacific banks, desist orders, isle banks, received similar, Honolulu