White House Offers Bill to Restrict Big Banks’ Actions

March 8th 2010 | in Uncategorized

The Obama administration put forward legislation on Wednesday to rein in the size and scope of the nation’s largest banks. But the proposal faces strong resistance in Congress, where lawmakers have shown little appetite for adding to the prolonged debate on overhauling financial regulations.

FDIC Gears Up For A Tough 2010

February 5th 2010 | in Uncategorized

The disparity in the size of 2009’s failed institutions and those in the late 80’s to early 90’s has contributed to the larger dent in the FDIC’s coffers that the latest onslaught of closures has brought on.

FDIC Financial Institution Letter Outlines Protections Afforded to Tenants at Foreclosure

October 1st 2009 | in Uncategorized

The Helping Families Save Their Homes Act of 2009, new federal legislation, came to passage May of this year….

Troubled Assets Still Threat to Banks

August 11th 2009 | in Uncategorized

Congressional Oversight Panel monitoring government bailout efforts will report on the Troubled Asset Relief Program-Washington (Dow Jones)

Treasury Turns to Nine Top Managers for Toxic-Debt Program

July 9th 2009 | in Uncategorized

The U.S Treasury names BlackRock Inc. (the largest U.S. publicly traded asset manager), Invesco Ltd., and seven other managers for the Public-Private Investment Program, in a major effort to extinguish as much as $40 billion in troubled assets from financial institutions…