Tagged: Federal Deposit Insurance Corp.

The FDIC’s deposit-insurance limit

Congressional negotiators working out difference between the House and Senate financial reform bills are hammering out compromises right and left.  One would permanently (and retroactively to January 2008) move from $100,000 to $250,000 the deposit insurance on individual bank accounts.  Law Professor Cornelius Hurley, director of the Morin Center for Banking and Financial Law and […]

FDIC floats bank-reform proposals

The Federal Deposit Insurance Corp. is proposing that the top 40 U.S. banks — with assets totaling $8.3 trillion — submit “living wills” to show how they could be split off from parent companies and wound down.  In parallel with Congressional reform efforts, the FDIC also is proposing that those selling securitiezed assets retain 5% […]