The Seattle Times logo The Seattle Times 3 weeks ago

FDIC's Bair pushes for regulatory changes

The head of the Federal Deposit Insurance Corp. on Monday said Congress needs to provide regulators greater tools to control the risky financial behavior that helped trigger the recession and to unwind major firms on the verge of collapse. Full Article at The Seattle Times

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  1. Manhattan The head of the Federal Deposit Insurance Corp. is coming to Kansas to discuss banking regulation amid the federal economic bailout. Full Article at Lawrence Journal World

  2. Q: How long does it take for the FDIC to pay people back? A: In most cases, another bank takes over the closed bank's deposits, and ATM cards, debit cards and checks continue to work until the new bank transitions customers to its systems. Full Article at N.J. Courier-Post Online

  3. The head of the Federal Deposit Insurance Corp. on Monday said Congress needs to provide regulators greater tools to control the risky financial behavior that helped trigger the recession and to unwind major firms on the verge of collapse. Full Article at ABC News

  4. The FDIC closed nine more banks on Friday, and that brings the total FDIC bank failures to 115 in 2009. The following graph shows bank failures by week in 2009. Click on graph for larger image in new window. Full Article at Calculated Risk

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  1. FILE - In this Oct. 14, 2009 file photo, Federal Deposit Insurance Corporation (FDIC) Chair Sheila Bair, testifies on Capitol Hill in Washington.
  2. WASHINGTON - OCTOBER 14:  Chairman of the Federal Deposit Insurance Corporation (FDIC) Sheila Bair (L) testifies during a hearing before the Financial Institutions Subcommittee of the U.S. Senate Banking, Housing and Urban Affairs Committee on Capitol Hill October 14, 2009 in Washington, DC.
  3. NEW YORK - SEPTEMBER 25:  FDIC Chairman Sheila Bair attends a panel on finance at the Clinton Global Initiative (CGI) September 25, 2009 in New York City.
  4. WASHINGTON - SEPTEMBER 23:  Sheila Bair, chairman of the Federal Deposit Insurance Corporation (FDIC), participates in a House Financial Services Committee hearing on Capitol Hill, September 23, 2009 in Washington, DC.
  5. WASHINGTON - MAY 27:  Sheila Bair, Chairman of the Federal Deposit Insurance Corporation (FDIC), pauses as she speaks during a news briefing May 27, 2009 in Washington, DC. Bair announced the bank and thrift industry earnings for the first quarter of 2009.
  6. Oakland guard Larry Wright , left, is covered by Kansas guard Sherron Collins (4) and forward Marcus Morris, top, during the first half of their NCAA college basketball game Wednesday, Nov. 25, 2009, in Lawrence, Kan.
  7. MANHATTAN, KS - NOVEMBER 14:  Wide receiver Jerrell Jackson #29 of the Missouri Tigers brakes up field after making a catch in the fourth quarter against pressure from free safety Emmanuel Lamur #23 of the Kansas State Wildcats on November 14, 2009 at Bill Snyder Family Stadium in Manhattan, Kans...
  8. NORMAN, OK - OCTOBER 31:  Running back Daniel Thomas #8 of the Kansas State Wildcats scrambles up field during the third quarter against the Oklahoma Sooners on October 31, 2009 at Gaylord Family Oklahoma Memorial Stadium in Norman, Oklahoma.
  9. MANHATTAN, KS - OCTOBER 24:  Running back Daniel Thomas #8 of the Kansas State Wildcats tries to brake away from a tackle from linebacker Jeff Smart #45 of the Colorado Buffaloes in the third quarter on October 24, 2009 at Bill Snyder Family Stadium in Manhattan, Kansas.

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