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Bernanke's speech, at a conference on mortgage lending sponsored by the Federal Deposit Insurance Corp. (FDIC), comes after global stock markets swooned over new fears that the credit crisis will deepen.
FORBES: Magazine Article
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Once seized, the chairman of the Federal Deposit Insurance Corp. (FDIC) has the power to decide which creditors get paid, and which do not, regardless of their rights in a normal bankruptcy proceeding.
FORBES: Broken Windows, Libya And The Constitution
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The Federal Deposit Bank Insurance Corp. (FDIC) is deliberating today over the proper formulation of a rule to implement section 619 of the Dodd-Frank Act, colloquially known as the Volcker Rule, and codified as 12 USC sect 1851.
FORBES: Volcker Rule Trumps Euro Euphoria For Financal Sector Outlook
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Ten years ago there were approximately 12, 000 FDIC (Federal Deposit Insurance Corp.) insured Banks and Thrifts (financial institutions with a predominant consumer emphasis) in the U.S. That compares with 8, 000 banks today.
FORBES: 8 Small Bank Stocks On Sale
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In 2002 billionaire banker Andy Beal had his Beal Bank sue the Federal Deposit Insurance Corp. in a lawsuit that accused the FDIC of originating faulty subprime mortgages to unqualified borrowers.
FORBES: Billionaire Banker Targeting Big Banks Over Mortgages