Resolution Trust Corporation
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FDIC seen stepping up sales of failed bank assets
Mar 02, 2010 14:04 EST
NEW YORK (Reuters) - The U.S. Federal Deposit Insurance Corp is expected to offer $3.8 billion of guaranteed securitizations backed by the residential mortgage assets of failed banks, market sources said on Tuesday.
Farewell: Nobel winner, King of Pop left us in '09
Dec 30, 2009 15:36 EST
Final farewell: Nobel winner Borlaug, Kennedy, King of Pop among the notables who died in 2009. Of all the notables who died in 2009, the one who most changed the world could have walked down any Main Street USA without causing a stir.
Farewell: Nobel winner, King of Pop left us in '09
Dec 21, 2009 17:40 EST
Final farewell: Nobel winner Borlaug, Kennedy, King of Pop among the notables who died in 2009. Of all the notables who died in 2009, the one who most changed the world could have walked down any Main Street USA without causing a stir.
Second Wave Of The Credit Crisis: Collapsing Commercial Real Estate
Aug 20, 2009 17:47 EDT
The recent uptick in home sales, green shoots of new housing starts and rebounding stock market may suggest that the long-awaited turn in the U.S. economy is here.
Second Wave Of The Credit Crisis: Collapsing Commercial Real Estate
Aug 20, 2009 11:53 EDT
The recent uptick in home sales, green shoots of new housing starts and rebounding stock market may suggest that the long-awaited turn in the U.S. economy is here.
FDIC tests toxic assets sale program
Jul 31, 2009 17:39 EDT
WASHINGTON (Reuters) - The U.S. Federal Deposit Insurance Corp launched the first test of its Legacy Loans Program that could eventually help banks rid their balance sheets of toxic assets so they can raise new capital and increase lending, the agency said on Friday.
GM latest in string of US company takeovers
Jun 02, 2009 04:14 EDT
US has nationalized companies before, mostly temporarily; Amtrak a surviving example. The U.S. assumption of a controlling interest in General Motors Corp. isn't the first time the government has nationalized a company or an industry. It has taken shares in banks, railways, steel mills, coal mines and foreclosed homes.
GM latest in string of US company takeovers
Jun 01, 2009 18:05 EDT
US has nationalized companies before, mostly temporarily; Amtrak a surviving example. The U.S. assumption of a controlling interest in General Motors Corp. isn't the first time the government has nationalized a company or an industry. It has taken shares in banks, railways, steel mills, coal mines and foreclosed homes.
Ex-FDIC chairman L. William Seidman dead
May 13, 2009 16:19 EDT
L. William Seidman, former FDIC chairman, dead at 88. Former Chairman of the Federal Deposit Insurance Corp. L. William Seidman has died.
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