These guarantees by the FDIC, using taxpayer money, seems to be a subject that everyone wants running under the radar. The only money regularly talked about is the TARP money, and how Citigroup is “paying-it-back”!
Entries Tagged as 'FDIC'
Citigroup’s $300 Billion Taxpayer-Guaranteed Loans – Videos
December 14th, 2009 · No Comments · Wall Street
Wall Street Perfecting Slight-of-Hand
December 2nd, 2009 · No Comments · Wall Street
The jockeying by Wall Street to avoid regulation and control, their efforts to re-write financial crisis history, and continue with business as usual, has gone pretty much unnoticed.
Tags: Bank Bailouts·Banking Regulation·Banks & Bank Failures·Bernie Madoff·Financial Bailout·Financial Crisis·Lloyd Blankfein·Tim Geithner
The FDIC Is Broke; Busted; Out Of Money!
September 22nd, 2009 · No Comments · SEC
Now here’s a question to ponder — Is the FDIC’s “cash” reserves really down to only $10 billion? Or is it much, much more? Could it possibly be that a trillion or so has been set aside to cover guarantees the FDIC made to investors who invested in banks?
Tags: Ben Bernanke·Department of the Treasury·FDIC·Federal Reserve·Financial Crisis·Sheila Bair·Tim Geithner
