Blogs Posts on "Fdic"
FDIC Shut Down United Commercial Bank (UCB) by WideInfoz on Nov 7, 2009The FDIC shut down United Commercial Bank (UCB). On Friday, November 6, 2009, United Commercial Bank, San Francisco, CA was closed by the California Department of Financial Institutions. Subsequently, the Federal Deposit Insurance Corporation (FDIC)...
East West Bank, Pasadena, California Assumes All the Deposits of United Commercial Bank by WideInfoz on Nov 7, 2009United Commercial Bank, San Francisco, California, was closed today by the California Department of Financial Institutions, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into...
Judge Napolitano Glenn Beck Extortion: Government Federal Reserve Extorts Banks? by Maggie's Notebook on Nov 6, 2009Judge Andrew Napolitano, sitting in for Glenn Beck, tells this developing story of the Federal Reserve and New York's biggest banks. Is our government and the Federal Reserve extorting banks? See the video below. Federal Reserve Bank of N...
Regulators seize nine U.S. banks by George S May Blog on Nov 2, 2009Banking regulators seized another nine related community lenders over the weekend. The banks were in California, Illinois, Arizona and Texas and represented, essentially, all of the holdings of FBOP Corp. FBOP, according to WSJ, was “owned by...
Luar Biasa, Dalam Sehari Amerika Serikat (AS) Tutup 9 Bank by kangBoed on Nov 1, 2009VIVAnews – Penutupan bank-bank bermasalah di Amerika Serikat (AS) terus berlangsung. Bahkan, baru kali ini pemerintah AS bisa menutup sembilan bank sekaligus dalam sehari. Penutupan sembilan bank itu dilakukan oleh Lembaga Penjamin Deposit Fede...
California National Bank Closed By FDIC by WideInfoz on Oct 31, 2009On Friday, October 30, 2009, California National Bank, Los Angeles, CA was closed by the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation (FDIC) was named Receiver. The FDIC said, 68-branch bank, a unit of FBO...
The Joys of Recession by Al's Offerings on Business, Economy & Career on Oct 8, 2009The US economy, thanks to the dubious policies of the Federal Reserve and US Treasury, has been clinging to the old, lame companies and industries… instead of pushing them out the door to make way for healthier ones. “The biggest problem going...
Bernake Paulson Lies: Barofsky Exposes Bernake Paulson TARP by Maggie's Notebook on Oct 5, 2009Special Inspector General Neil Barofsky tells us what most of us already know: TARP money went to losers. According to IG Barofsky, institutions receiving money in the first round of redistribution of taxpayer's wealth, were not sound institutions an...
Late mortgage payments, can they get my money in my bank? by Financial Planning on Oct 1, 2009We have not paid our mortgage for 2 months now. The mortgage was under the bank where we also have some money left in my savings account. Can the bank hold my money in their bank or worse get it to pay for the 2 months and penalties? We can’t a...
FDIC Insurance Fund to Turn Negative in 1 1/2 HRS by EconomicsJunkie.com on Sep 30, 2009According to a recent FDIC memo, its Deposit Insurance Fund (DIF) will be negative as of September 30th 2009: Fund Balance/Reserve Ratio Projections Pursuant to these requirements, staff estimates that both the Fund balance and the reserve ratio as o...
