Showing posts with label INDYMAC. Show all posts
Showing posts with label INDYMAC. Show all posts
Monday, March 27, 2023

The cost of the Silicon Valley Bank failure to the Deposit Insurance Fund dwarfs the number one IndyMac failure, the Signature Bank failure cost will rank fourth highest ever

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 SVB will cost the DIF $20 billion. Signature will cost $2.5 billion. These are enormous sums. Combined they represent a 17.55% hit to the $...
Saturday, April 5, 2014

The number of participating institutions in the FDIC has dropped over 32% since the year 2000

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Between October 2000 and the close of 2013, FDIC insured institutions have dropped from 10,101 to 6,812, a decline of 3,289 or 32.6%. ...
Saturday, March 15, 2014

FDIC Sues 16 Big Banks Saying LIBOR Rigging Hurt 38 US Banks Which Eventually Failed

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CNBC reports here : The FDIC said the defendants' conduct caused substantial losses to 38 banks that the U.S. regulator had taken into r...
Friday, March 9, 2012

Bank Failure Friday: The 13th in 2012. FDIC Covered Institutions Decline 13 Percent.

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# 13 was New City Bank, Chicago, Illinois, costing the FDIC $17.4 million. No buyers for this one. As of this date, FDIC coverage extends to...
Friday, June 18, 2010

CONGRESS OF IDIOTS BAILS OUT THE STUPID

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My favorite line from the following is "but it will help keep . . . I slightly above poverty level." Just how people who talk that...
Saturday, October 24, 2009

"The Banks Must Be Restrained"

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Total bank failures year to date reached 106 yesterday, bringing the total cost to the FDIC Deposit Insurance Fund this year to about $25 bi...