FDIC Chairwoman Bair Too big to fail has become worse. Its become explicit when it was implicit before.
Treasury Sec. Geithner Most consequential choices involve shades of gray, and some fog is often useful in getting things done.
Former employees of failed banks could be just the experts needed to help the FDIC sort through those banks’ affairs. According to an article by J. Scott Trubey in the Atlanta Journal, it’s not just the big banks that are in trouble. Community and regional banks are also struggling under the weight of bad Acloans. [...]
It’s not just the big banks that are in trouble. Community and regional banks are also struggling under the weight of bad loans. Kent Bernhard, Jr. writes at Portfolio.com that regional and community banks are on shaky ground, with four to seven closing every week for the past two months. Fridays are bad days for [...]
In 2009, the biggest source of new, six-figure jobs in Orange County could end up being a banking regulator. The Federal Deposit Insurance Corp. is in the early stages of hiring for its new office in the Irvine Spectrum, which is set to open its doors shortly to handle West Coast bank failures. According to [...]
