Surprise, surprise. Sen. Chris Dodd’s financial-regulation proposal raises the possibility of substantial progress on the road to ending “Too Big To Fail” (TBTF) and bailout nation for banks and other financial institutions. (more)
Lending by the banking industry fell by $587 billion, or 7.5 percent, in 2009, the largest annual decline since the 1940s, the Federal Deposit Insurance Corp. reported Tuesday. (more)
Five former Treasury secretaries urged Congress Sunday to bar banks that receive federal support from engaging in speculative activity unrelated to basic bank services. (more)
If AIG, the insurance giant bailed out by the U.S. government, had failed a large number of assets such as mortgage-backed securities would have lost their insurance against losses (called credit default swaps) causing their value in the market to fall. (more)
WASHINGTON (AP) — Federal banking regulators are seeking public input on a plan to link the insurance premiums levied on U.S. banks to the degree of risk-taking encouraged by their executive pay policies. (more)
WASHINGTON (AP) — The Federal Deposit Insurance Corp. has sold about $1 billion in troubled loans from 22 banks that failed during the past 18 months as it works through an inventory of assets from the institutions it has taken over. (more)























