Financial crisis
Five Reasons Why the Recession May Not Have Been So Bad
They say the recession is coming to an end, and its about time. Chances are that not one individual or household can say that they will be able to get out of this recession completely unscathed.
FDIC Chairman Sheila Bair Lectures on the The Financial Crisis at Kansas State University
Chairman Bair made remarks on the financial crisis in a speech to students at Kansas State University
States Hit By Foreclosures Could Sue Banks for Consumer Fraud
Banks who refuse to modify bad loans or stop the avalanche or foreclosures that have swept the US in the last few months may have something more substantial than federal regulators to worry about.
Is the FDIC Doing All That It Can to Save Banks?
This past week the total number of failed banks in 2009 hit 115, with 9 banks failing in a single day on Friday.
CIT Files for Bankruptcy, 5th Largest In US History
The 2009 financial crisis has struck again, this time at CIT Group, one of the largest US lenders for small and medium businesses.
U.S. Bank Acquires FBOP Corporation’s 9 Failed Banking Subsidiaries
So it seems we were unable to make it through October without a big hit to the banking industry.
Treasury Secretary Geithner Expects More TARP Repayments Coming
As far as the federal government is concerned, propping up the country's big banks deemed "too big to fail" during the height of the financial crisis was a step in the right direction, one that has averted a more severe economic disaster
Should The US Break Up Mega Banks Like Bank of America and Citibank?
The solution to the problem of "too-big-to-fail" could be as simple as making big banks smaller, says former Federal Reserve Chairman Paul Volcker.
Government Program Offers Incentive for Mortgage Loan Modification
If your lender is given the option to modify your mortgage loan or foreclose, what will they choose to do? This is a question facing the millions of American families who have fallen behind on their loan payments
FDIC Chairman Shelia Bair on The State of American Banking – Summary and Analysis
From her powerful position as Chairman of the FDIC, Sheila C. Bair benefits from superior inside knowledge and a wide-angled view of the world of US banking. She is also a person with strong views on the future direction she hopes this sector will follow.
