It conspired with the Financial Accounting Standards Board (FASB) to implement mark to market accounting despite objections from the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve and the Treasury, which said it was wrongheaded and would lead to severe credit contractions.
Finally, Internet banks with the Federal Deposit Insurance Corporation (FDIC) seal are insured the same as FDIC-insured brick-and-mortar banks.
The Office of Thrift Supervision (OTS) closed IndyMac on July 11, 2008, and placed it under Federal Deposit Insurance Corporation (FDIC) receivership.
Sheila Bair of the Federal Deposit Insurance Corporation (FDIC) and John Dugan, the Comptroller of the Currency, have fallen out over Ms Bair's deposit-insurance reforms.
Federal Deposit Insurance Corporation (FDIC) Not favored by Roosevelt, but still the single most important legislative act to secure our banking system and one still in use today.
Since peaking at nearly 2.5 million in June of 2007, the number of small loans to businesses has plummeted 39 percent, data from the Federal Deposit Insurance Corporation (FDIC) shows.
Authorities could seize a Global Systematically Important Financial Institution (GSIFI) and dismantle it as appropriate under a joint plan by the Federal Deposit Insurance Corporation (FDIC) and the Bank of England released Monday.
FORBES: Too Big To Fail Makes A 'Fine' Mess For British Banks
The Federal Deposit Insurance Corporation (FDIC), the bank regulator and receiver, inherits the right to sue bank directors and officers for losses, as well as their outside professional service providers, such as auditors, attorneys, and appraisers.
FORBES: FDIC Makes A Case Against Auditors For Bank Failures
One provision of the Act, Title II, creates an Orderly Liquidation Panel charged with determining if a company on the brink of collapse can be placed into receivership under the Federal Deposit Insurance Corporation (FDIC).
Back in the fall of 2005, the Federal Reserve, U.S. Treasury and the Federal Deposit Insurance Corporation (FDIC) realized that community banks were loaning funds to the housing and real estate markets at a pace above what these regulators thought as prudent.
Lost in the debates over Too Big To Fail banks is a major money center bank that has come through three business cycles unscathed and had enough financial strength in the middle of the 2008 crisis to swoop in under Citi and the Federal Deposit Insurance Corporation (FDIC) and buy failing Wachovia Wells Fargo.
FORBES: Tech and Geography Beat Too Big To Fail at Wells Fargo
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