inquisitrlogo
Posts Tagged ‘ FDIC ’

Washington Mutual Execs Reach Deal With FDIC

Washington Mutual Execs Reach Deal With FDIC

The executives of Washington Mutual Bank reached a deal with the Federal Deposit Insurance Commission (FDIC) today and it is only costing them pennies on the dollar. The FDIC had brought a civil action against former Washington Mutual ... continue
Federal Deposit Insurance Corporation to Lose $19B in Bank Failures by 2015

Federal Deposit Insurance Corporation to Lose $19B in Bank Failures by 2015

The Federal Deposit Insurance Corporation, or FDIC, is set to lose about $19 billion covering bank losses from 2011 until 2015- which is, quite sadly, somewhat good news as the deposit insurance company was banking losses nearing ... continue