Blogging Stocks logo Blogging Stocks 18 months ago

Is the White House pushing bank failures onto the next administration's plate?

The Washington Post reports that the number of bank failures has been surprisingly low. But the crunch count is likely to grow as the problem bank list triples from 90 to 300 over the next three years. Meanwhile, the Federal Deposit Insurance Corporation (FDIC)... Full Article at Blogging Stocks

Related Topics:

  1. FDIC
  2. Kenneth Thomas
  3. US Airways

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Related Quotes

  1. In some of these cases, I believe regulators should act sooner than later to prevent future losses to the fund.
    SOURCE: Blogging Stocks 18 months ago
  2. When I see small business owners and entrepreneurs, they panic the way a person would panic about their own finances, because they don't have finance gurus telling them what to do
    SOURCE: FOX Business 18 months ago
  3. There have been banks that received cease-and-desist orders that don't really go out of business. It takes multiple series of catastrophic events for a bank to go out and not have another bank take over
    SOURCE: FOX Business 18 months ago
  4. The banking system today has more capital than at any other point in our history ... In 1990, during the savings and loan crisis, the capital-to-asset ratio was 6.45 to 1. Today there's a 60 percent increase from that 1990 ratio. We're better positioned to handle this shock than at any other time.
    SOURCE: FOX Business 18 months ago
View all Related Quotes »
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Browse More Photos

Daylife is the web's largest archive of news photos

  1. Donald Kohn (L), Vice Chairman of the Board of Governors of the Federal Reserve System, is thanked by Sheila Bair, Chairman of the Federal Deposit Insurance Corporation (FDIC), after speaking at the Symposium on Interest Rate Risk Management in Arlington January 29, 2010.
  2. Sheila Bair, Chairman of the Federal Deposit Insurance Corporation (FDIC), is pictured at the Symposium on Interest Rate Risk Management in Arlington, January 29, 2010.
  3. Financial Crisis Inquiry Commission Chairman Phil Angelides, left, talks with FDIC Chair Sheila Bair, center, as Assistant Attorney General Lanny Breuer, right, looks on, Thursday, Jan. 14, 2010, on Capitol Hill in Washington, following the conclusion of the commission's hearing.
  4. Financial Crisis Inquiry commission Chairman Phil Angelides, left, shakes hands with FDIC Chair Sheila Bair, on Capitol Hill in Washington, Thursday, Jan. 14, 2010, at the conclusion of the commission's hearing.
  5. FDIC Chair Sheila Bair listens on Capitol Hill in Washington, Thursday, Jan. 14, 2010, white testifying before the Financial Crisis Inquiry Commission.
  6. SEC Chair Mary Schapiro, left, and FDIC Chair Sheila Bair, testify on Capitol Hill in Washington, Thursday, Jan. 14, 2010, before the Financial Crisis Inquiry Commission.
  7. FDIC Chair Sheila Bair, center, flanked by SEC Chairman Mary Schapiro, left, and Assistant Attorney General Lanny Breuer, testifies on Capitol Hill in Washington, Thursday, Jan. 14, 2010, before the Financial Crisis Inquiry Commission.
  8. From right to left, Attorney General Eric Holder, Assistant Attorney General Lanny Breuer, and FDIC Chair Sheila Bair, testify on Capitol Hill in Washington, Thursday, Jan. 14, 2010, before the Financial Crisis Inquiry Commission.
  9. From right to left, Attorney General Eric Holder, Assistant Attorney General Lanny Breuer, FDIC Chair Sheila Bair, and SEC Chair Mary Schapiro, prepare to testify on Capitol Hill in Washington, Thursday, Jan. 14, 2010, before the Financial Crisis Inquiry Commission.

Cast of Characters

  1. FDIC FDIC
  2. Kenneth Thomas
  3. US Airways US Airways
  4. White House White House
  5. Federal Deposit Insurance Corporation
  6. Federal Reserve Federal Reserve