Topic: Sheila Bair
Banks getting bum rap on not lending enough?
AP News
<div id="subtitle">Banks getting bum rap on not lending enough? Trading, not lending, is the right fix for now</div><div><p>Unlike big-city bankers, Stan Wilmoth didn't make lots of dumb loans during the boom. After the crash, he ...
Bank regulators divided on securitization plan
Reuters US Online Report Business News
<div><p>WASHINGTON (Reuters) - U.S. bank regulators on Tuesday approved an initial proposal to jump-start the securitization market and strengthen standards to avoid abuses that helped lead to the economic crisis, but the board remained divided on what limits to impose on banks.</p ...
House Holds Hearing On Bank Of America Purchase Of Merrill Lynch
Getty Images
WASHINGTON - DECEMBER 11: Federal Deposit Insurance Corporatin Chair Sheila Bair prepares to testify before the House Oversight and Government Reform Committee about the purchase of Merrill Lynch by Bank of America December 11, 2009 in Washington, DC. Bair said the FDIC had limited exposure when the U.S. agreed to ...
FDIC's Insurance Fund Balance Slips Below Zero
consumeraffairs.com
<div id="subtitle">Agency says consumers should be confident their deposits are safe</div><div><p> In its regular quarterly report, the Federal Deposit Insurance Corporation (FDIC) reported that its insurance fund that protects depositors fell $8.2 into the red. It ...
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