Jul 15 Watch Government Bailouts, Poor Growth Fuel Concerns Over Banking Sector Troubling economic reports and bleak forecasts from the nation's economic policymakers have fueled new concerns over the health of the economy and the stability of the nation's banks. Banking experts offer insight. Continue watching
Apr 16 How does the FDIC bailout work? Question/Comment: How does the FDIC bailout work? If I have an account in a failing bank, how much money must I have in the account to get the $100,000 bailout? Is it true that… Continue reading
Nov 30 Watch New Data Adds to U.S. Economic Anxieties The government released several new economic reports and Wall Street endured a roller coaster week of trading -- all of which served to underscore recent uncertainty about the state of the U.S. economy. Two finance reporters discuss the reports and… Continue watching
Nov 01 FDIC Head to Lead Gulf Coast Recovery By PBS News Hour Homeland Security Secretary Michael Chertoff tapped Federal Deposit Insurance Corporation Chairman Donald Powell Tuesday to head the federal government's effort to rebuild areas of the Gulf Coast devastated by hurricanes Rita and Katrina. Continue reading
Nov 01 FDIC Sues Ernst & Young The Federal Deposit Insurance Corporation filed a $548 million fraud and negligence lawsuit against accounting company Ernst & Young on Friday, stemming from the 2001 collapse of Superior Bank, a savings and loan. Continue reading