<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"><channel><title>Federal Deposit Insurance Corporation: News &amp; Videos about Federal Deposit Insurance Corporation - CNN.com</title><link>http://topics.cnn.com/topics/feeds/rss/Federal_Deposit_Insurance_Corporation</link><description>Find stories, videos, and photos about Federal Deposit Insurance Corporation from CNN.com.</description><language>en-us</language><copyright>Cable News Network LP, LLLP.</copyright><pubDate>Wed, 25 Nov 2009 05:32:55 GMT</pubDate><ttl>5</ttl><image><title>Federal Deposit Insurance Corporation: News &amp; Videos about Federal Deposit Insurance Corporation - CNN.com</title><url>http://i.cdn.turner.com/cnn/.element/img/1.0/logo/cnn.logo.rss.gif</url><link>http://topics.cnn.com/topics/feeds/rss/Federal_Deposit_Insurance_Corporation</link><width>144</width><height>33</height><description>Find stories, videos, and photos about Federal Deposit Insurance Corporation from CNN.com.</description></image><item><title>No lending, no recovery</title><link>http://money.cnn.com/2009/11/24/news/economy/banks.lending.fortune/index.htm</link><guid>http://money.cnn.com/2009/11/24/news/economy/banks.lending.fortune/index.htm</guid><description>In an ominous sign for the recovery, bank loans are drying up faster than ever.</description><pubDate>Tue, 24 Nov 2009 20:39:00 EST</pubDate></item><item><title>Bank 'problem' list climbs to 552</title><link>http://money.cnn.com/2009/11/24/news/companies/fdic_list/index.htm</link><guid>http://money.cnn.com/2009/11/24/news/companies/fdic_list/index.htm</guid><description>Despite the frenetic pace of bank failures this year, 552 lenders are still at risk of going under, according to a government report published Tuesday.</description><pubDate>Tue, 24 Nov 2009 18:17:00 EST</pubDate></item><item><title>FDIC announces 124th bank failure</title><link>http://money.cnn.com/2009/11/20/news/economy/bank_failure/index.htm</link><guid>http://money.cnn.com/2009/11/20/news/economy/bank_failure/index.htm</guid><description>State regulators shuttered Commerce Bank of Southwest Florida in Fort Myers, Fla., Friday night, bringing the 2009 national tally to 124.</description><pubDate>Fri, 20 Nov 2009 22:33:00 EST</pubDate></item><item><title>Bank failure toll reaches 123</title><link>http://money.cnn.com/2009/11/13/news/economy/bank_failure/index.htm</link><guid>http://money.cnn.com/2009/11/13/news/economy/bank_failure/index.htm</guid><description>Two Florida banks and one in California failed Friday night, bring the 2009 national tally to 123. Regulators closed Century Bank, Federal Savings Bank in Sarasota, Fla., Orion Bank in Naples, Fla., and Pacific Coast National Bank in San Clemente, Calif.</description><pubDate>Sat, 14 Nov 2009 01:25:00 EST</pubDate></item><item><title>Five more banks fail - 120 for the year</title><link>http://money.cnn.com/2009/11/06/news/economy/bank_failures/index.htm</link><guid>http://money.cnn.com/2009/11/06/news/economy/bank_failures/index.htm</guid><description>Five banks failed late Friday, bringing the 2009 tally to 120.</description><pubDate>Sat, 07 Nov 2009 03:43:00 EST</pubDate></item><item><title>Bank failures stack up: Now 106 for 2009</title><link>http://money.cnn.com/2009/10/23/news/economy/bank_failure/index.htm</link><guid>http://money.cnn.com/2009/10/23/news/economy/bank_failure/index.htm</guid><description>The tally of bank failures easily broke past the No. 100 milestone on Friday night, with regulators announcing the year's 106th closure.</description><pubDate>Sat, 24 Oct 2009 00:14:00 EDT</pubDate></item><item><title>FDIC announces 99th bank failure</title><link>http://money.cnn.com/2009/10/16/news/economy/bank_failure/index.htm</link><guid>http://money.cnn.com/2009/10/16/news/economy/bank_failure/index.htm</guid><description>The nation's tally of 2009 bank casualties hit 99 Friday night when state regulators closed San Joaquin Bank, based in Bakersfield, Calif. This was the tenth bank to fail in that state.</description><pubDate>Sat, 17 Oct 2009 14:55:00 EDT</pubDate></item><item><title>FDIC bank fund in the red until 2012</title><link>http://money.cnn.com/2009/10/14/news/companies/fdic_deposit_fund/index.htm</link><guid>http://money.cnn.com/2009/10/14/news/companies/fdic_deposit_fund/index.htm</guid><description>The government insurance fund designed to protect consumer bank deposits will likely stay in the red through 2012, Federal Deposit Insurance Corp. chief Sheila Bair said Wednesday.</description><pubDate>Wed, 14 Oct 2009 19:48:00 EDT</pubDate></item><item><title>Bank watchdogs crack the whip</title><link>http://money.cnn.com/2009/10/13/news/economy/bank.watchdogs.fortune/index.htm</link><guid>http://money.cnn.com/2009/10/13/news/economy/bank.watchdogs.fortune/index.htm</guid><description>Here's another sign of a sickly banking sector: a flurry of letters urging banks to raise money -- and fast.</description><pubDate>Tue, 13 Oct 2009 14:49:00 EDT</pubDate></item><item><title>How to give the FDIC some clout</title><link>http://money.cnn.com/2009/10/05/news/economy/fdic_better_regulation.breakingviews/index.htm</link><guid>http://money.cnn.com/2009/10/05/news/economy/fdic_better_regulation.breakingviews/index.htm</guid><description>The Federal Deposit Insurance Corporation needs to add prevention to its stock of cures.</description><pubDate>Tue, 06 Oct 2009 14:52:00 EDT</pubDate></item><item><title>Bank failure tally tops 98 in 2009</title><link>http://money.cnn.com/2009/10/02/news/economy/bank_failure/index.htm</link><guid>http://money.cnn.com/2009/10/02/news/economy/bank_failure/index.htm</guid><description>Three regional banks were closed by regulators on Friday evening, bringing the 2009 tally to 98.</description><pubDate>Mon, 05 Oct 2009 15:25:00 EDT</pubDate></item><item><title>FDIC asks banks for help</title><link>http://money.cnn.com/2009/09/29/news/fdic.restoration.fortune/index.htm</link><guid>http://money.cnn.com/2009/09/29/news/fdic.restoration.fortune/index.htm</guid><description>The banking bust is getting mighty costly.</description><pubDate>Tue, 29 Sep 2009 16:06:00 EDT</pubDate></item><item><title>Georgia bank is 95th to fail this year</title><link>http://money.cnn.com/2009/09/25/news/economy/bank_failure/index.htm</link><guid>http://money.cnn.com/2009/09/25/news/economy/bank_failure/index.htm</guid><description>Atlanta-based Georgian Bank was closed by state regulators Friday, according to the Federal Deposit Insurance Corporation, becoming the 95th to fail in the nation this year.</description><pubDate>Mon, 28 Sep 2009 10:28:00 EDT</pubDate></item><item><title>For new banks, starting up is hard to do</title><link>http://money.cnn.com/2009/09/25/news/companies/de_novo_banks/index.htm</link><guid>http://money.cnn.com/2009/09/25/news/companies/de_novo_banks/index.htm</guid><description>What's harder than running a bank these days?</description><pubDate>Fri, 25 Sep 2009 11:57:00 EDT</pubDate></item><item><title>In bid for Guaranty Bank, FDIC gave foreign bank an edge</title><link>http://money.cnn.com/2009/09/24/news/companies/fdic_guaranty_bank.fortune/index.htm</link><guid>http://money.cnn.com/2009/09/24/news/companies/fdic_guaranty_bank.fortune/index.htm</guid><description>One of the fundamental tenets of a free market is that in an auction the rules of the game should not give one bidder a fundamental advantage over another bidder. Sadly, that may not have been the case last month when the FDIC oversaw the sale of Texas-based Guaranty Bank. On August 21, Sheila Bair, the chair of the FDIC, declared Spain's second-largest bank -- Banco Bilbao Vizcaya Argentaria SA -- the winner of a spirited auction to buy Guaranty Bank instead of a consortium of U.S. investors including Blackstone Group and TPG.</description><pubDate>Thu, 24 Sep 2009 14:14:00 EDT</pubDate></item><item><title>The risk of 'breaking the buck'</title><link>http://money.cnn.com/2009/09/22/pf/expert/money_market_funds.moneymag/index.htm</link><guid>http://money.cnn.com/2009/09/22/pf/expert/money_market_funds.moneymag/index.htm</guid><description>Question: I just heard that the federal government is no longer insuring money market accounts for their $1 per share value. Is that correct? --Terry, Las Vegas, Nevada</description><pubDate>Wed, 23 Sep 2009 14:30:00 EDT</pubDate></item><item><title>Bank failure toll reaches 94</title><link>http://money.cnn.com/2009/09/18/news/economy/bank_failures/index.htm</link><guid>http://money.cnn.com/2009/09/18/news/economy/bank_failures/index.htm</guid><description>Regulators closed subsidiaries of Irwin Financial Corporation in Kentucky and Indiana Friday, bringing the total number of bank failures this year to 94, according to the Federal Deposit Insurance Corp.</description><pubDate>Fri, 18 Sep 2009 22:21:00 EDT</pubDate></item><item><title>3 more down: Bank failure tally hits 92</title><link>http://money.cnn.com/2009/09/11/news/economy/bank_failure/index.htm</link><guid>http://money.cnn.com/2009/09/11/news/economy/bank_failure/index.htm</guid><description>Regulators closed one large bank in Illinois on Friday in one of the biggest collapses of the year, while two other smaller failures pushed the 2009 total to 92.</description><pubDate>Sat, 12 Sep 2009 11:01:00 EDT</pubDate></item><item><title>FDIC pushes mortgage help for jobless</title><link>http://money.cnn.com/2009/09/11/news/economy/forbearance_unemployment/index.htm</link><guid>http://money.cnn.com/2009/09/11/news/economy/forbearance_unemployment/index.htm</guid><description>Some unemployed homeowners at risk for foreclosure could get a temporary break on their mortgage payments under a plan being pushed by the FDIC.</description><pubDate>Fri, 11 Sep 2009 22:48:00 EDT</pubDate></item><item><title>Bank failure tally tops 84</title><link>http://money.cnn.com/2009/08/28/news/economy/bank_failure/index.htm</link><guid>http://money.cnn.com/2009/08/28/news/economy/bank_failure/index.htm</guid><description>Regional banks in Maryland, Minnesota and California were closed by regulators Friday, bringing the total number of failed banks this year to 84, the Federal Deposit Insurance Corporation said.</description><pubDate>Sat, 29 Aug 2009 01:42:00 EDT</pubDate></item><item><title>Problem bank list tops 400</title><link>http://money.cnn.com/2009/08/27/news/companies/fdic_list/index.htm</link><guid>http://money.cnn.com/2009/08/27/news/companies/fdic_list/index.htm</guid><description>The number of institutions on the government's so-called "problem bank" list surpassed 400 in the latest quarter, climbing to its highest level in 15 years, according to a government report published Thursday.</description><pubDate>Thu, 27 Aug 2009 21:52:00 EDT</pubDate></item><item><title>Barbarians back at bank gates</title><link>http://money.cnn.com/2009/08/26/news/economy/banks.private.fortune/index.htm</link><guid>http://money.cnn.com/2009/08/26/news/economy/banks.private.fortune/index.htm</guid><description>Regulators cleaning up after bank failures showed Wednesday how far they're willing to reach out for help.</description><pubDate>Thu, 27 Aug 2009 09:06:00 EDT</pubDate></item><item><title>Kicking the bailout habit</title><link>http://money.cnn.com/2009/08/25/news/fdic.guarantees.fortune/index.htm</link><guid>http://money.cnn.com/2009/08/25/news/fdic.guarantees.fortune/index.htm</guid><description>Washington gets another chance to kick the bailout habit this week, when regulators consider the fate of a subsidy that has been good to smaller banks.</description><pubDate>Wed, 26 Aug 2009 12:06:00 EDT</pubDate></item><item><title>Bad banks -- They're baaack!</title><link>http://money.cnn.com/2009/08/18/news/banks.buyers.fortune/index.htm</link><guid>http://money.cnn.com/2009/08/18/news/banks.buyers.fortune/index.htm</guid><description>Facing mounting bank failures, regulators are putting a new twist on a familiar idea: splitting a bank's good assets from the bad ones.</description><pubDate>Tue, 18 Aug 2009 17:28:00 EDT</pubDate></item><item><title>BB&amp;amp;T buys Colonial bank; 4 other banks fail</title><link>http://money.cnn.com/2009/08/14/news/companies/colonial_bancgroup/index.htm</link><guid>http://money.cnn.com/2009/08/14/news/companies/colonial_bancgroup/index.htm</guid><description>Troubled Colonial BancGroup will be bought by rival BB&amp;amp;T Friday, the government said after state regulators closed the bank whose assets had been frozen by a federal judge.</description><pubDate>Sat, 15 Aug 2009 04:11:00 EDT</pubDate></item><item><title>Feasting on failed banks</title><link>http://money.cnn.com/2009/08/14/news/economy/failed.banks.fortune/index.htm</link><guid>http://money.cnn.com/2009/08/14/news/economy/failed.banks.fortune/index.htm</guid><description>Shares of BB&amp;amp;T Corp. shot higher Friday after reports that it might be scooping up the remains of Colonial BancGroup.</description><pubDate>Fri, 14 Aug 2009 17:36:00 EDT</pubDate></item><item><title>Keep your cash safe</title><link>http://money.cnn.com/2009/08/14/news/economy/bank_safety/index.htm</link><guid>http://money.cnn.com/2009/08/14/news/economy/bank_safety/index.htm</guid><description>As yet another bank faces collapse, consumers are worried about their cash.</description><pubDate>Fri, 14 Aug 2009 16:51:00 EDT</pubDate></item><item><title>3 regional banks fail</title><link>http://money.cnn.com/2009/08/07/news/companies/bank_failures/index.htm</link><guid>http://money.cnn.com/2009/08/07/news/companies/bank_failures/index.htm</guid><description>Three regional banks failed Friday, bringing the 2009 tally to 72, the Federal Deposit Insurance Corporation said.</description><pubDate>Sat, 08 Aug 2009 04:32:00 EDT</pubDate></item><item><title>Banks still getting sicker</title><link>http://money.cnn.com/2009/08/05/news/economy/banks.gruesome.fortune/index.htm</link><guid>http://money.cnn.com/2009/08/05/news/economy/banks.gruesome.fortune/index.htm</guid><description>The economy may have pulled out of its plunge, but you'd never know by a look at many big banks.</description><pubDate>Wed, 05 Aug 2009 18:17:00 EDT</pubDate></item><item><title>The messy issue of 'too big to fail'</title><link>http://money.cnn.com/2009/07/30/news/companies/too_big_to_fail/index.htm</link><guid>http://money.cnn.com/2009/07/30/news/companies/too_big_to_fail/index.htm</guid><description>Lawmakers are quickly learning that "too big to fail" may be too complex to legislate away.</description><pubDate>Fri, 31 Jul 2009 19:55:00 EDT</pubDate></item><item><title>Profiting from bank failures</title><link>http://money.cnn.com/2009/07/29/news/economy/failed.banks.fortune/index.htm</link><guid>http://money.cnn.com/2009/07/29/news/economy/failed.banks.fortune/index.htm</guid><description>Cleaning up after bank failures is one chore you won't hear bankers complaining about.</description><pubDate>Wed, 29 Jul 2009 16:51:00 EDT</pubDate></item><item><title>Language of the new economy</title><link>http://money.cnn.com/news/economy/bailout_glossary/index.htm</link><guid>http://money.cnn.com/news/economy/bailout_glossary/index.htm</guid><description>The government's economic recovery efforts have brought many new and unfamiliar financial terms into the conversation. Here's a list of some we think are vital to understanding the recession and the government's attempts to fix it:</description><pubDate>Mon, 27 Jul 2009 18:17:00 EDT</pubDate></item><item><title>7 regional banks fail</title><link>http://money.cnn.com/2009/07/24/news/companies/bank_failure/index.htm</link><guid>http://money.cnn.com/2009/07/24/news/companies/bank_failure/index.htm</guid><description>State regulators shut down seven regional banks Friday, the Federal Deposit Insurance Corporation said, bringing the total number of banks to fail in the United States to 64 this year.</description><pubDate>Fri, 24 Jul 2009 22:56:00 EDT</pubDate></item><item><title>Four more banks bite the dust</title><link>http://money.cnn.com/2009/07/17/news/companies/bank_failures/index.htm</link><guid>http://money.cnn.com/2009/07/17/news/companies/bank_failures/index.htm</guid><description>State regulators shut down four banks Friday, the Federal Deposit Insurance Corporation said.</description><pubDate>Sat, 18 Jul 2009 03:32:00 EDT</pubDate></item><item><title>Small Wyoming bank fails</title><link>http://money.cnn.com/2009/07/10/news/economy/bank_failures/index.htm</link><guid>http://money.cnn.com/2009/07/10/news/economy/bank_failures/index.htm</guid><description>Bank of Wyoming was closed Friday by state regulators, bringing the total number of failed banks this year to 53, the Federal Deposit Insurance Corporation said.</description><pubDate>Fri, 10 Jul 2009 23:40:00 EDT</pubDate></item><item><title>Seven banks fail, pushing 2009 tally to 52</title><link>http://money.cnn.com/2009/07/02/news/companies/bank_failure/index.htm</link><guid>http://money.cnn.com/2009/07/02/news/companies/bank_failure/index.htm</guid><description>Seven banks were shut down by authorities Thursday, pushing the tally of failed banks for 2009 to 52, more than doubling the failures in 2008.</description><pubDate>Fri, 03 Jul 2009 04:29:00 EDT</pubDate></item><item><title>Psst! Wanna own a bit of a failed bank?</title><link>http://money.cnn.com/2009/06/30/news/companies/bank_failures_assets/index.htm</link><guid>http://money.cnn.com/2009/06/30/news/companies/bank_failures_assets/index.htm</guid><description>When New Frontier Bank failed in April, regulators failed to find a buyer, forcing the FDIC to absorb the roughly $2 billion in assets that were once owned by the Colorado-based lender.</description><pubDate>Tue, 30 Jun 2009 20:33:00 EDT</pubDate></item><item><title>Bank failure list tops 45</title><link>http://money.cnn.com/2009/06/26/news/companies/bank_failure/index.htm</link><guid>http://money.cnn.com/2009/06/26/news/companies/bank_failure/index.htm</guid><description>Local banks in Georgia, Minnesota and California were closed Friday by state regulators, bringing the total number of failed banks this year to 45, according to the Federal Deposit Insurance Corporation.</description><pubDate>Sat, 27 Jun 2009 02:38:00 EDT</pubDate></item><item><title>40 banks failures in 2009</title><link>http://money.cnn.com/2009/06/19/news/companies/bank_failure/index.htm</link><guid>http://money.cnn.com/2009/06/19/news/companies/bank_failure/index.htm</guid><description>Regional banks in North Carolina, Kansas and Georgia were closed by state regulators Friday, bringing the total number of failed banks this year to 40, the Federal Deposit Insurance Corporation said.</description><pubDate>Fri, 19 Jun 2009 23:55:00 EDT</pubDate></item><item><title>Regional bank in Illinois fails</title><link>http://money.cnn.com/2009/06/05/news/companies/bank_failure/index.htm</link><guid>http://money.cnn.com/2009/06/05/news/companies/bank_failure/index.htm</guid><description>Bank of Lincolnwood was shuttered by Illinois regulators Friday, bringing the number of failed banks this year to 37 and costing the Federal Federal Deposit Insurance Corp.'s deposit insurance fund $83 million.</description><pubDate>Fri, 05 Jun 2009 22:56:00 EDT</pubDate></item><item><title>Uncle Sam's bank deals need more disclosure</title><link>http://money.cnn.com/2009/06/05/news/economy/fdic_treasury_deals_disclosure.breakingviews/index.htm</link><guid>http://money.cnn.com/2009/06/05/news/economy/fdic_treasury_deals_disclosure.breakingviews/index.htm</guid><description>Investors often demand more disclosure on mergers and acquisitions. But taxpayers -- who have billions at stake in government bailouts of financial firms -- are justified in feeling envious of the information provided when privately held, publicly listed companies do deals.</description><pubDate>Fri, 05 Jun 2009 14:56:00 EDT</pubDate></item><item><title>Citi's Pandit may face FDIC-led shakeup</title><link>http://money.cnn.com/2009/06/05/news/companies/fdic_citigroup/index.htm</link><guid>http://money.cnn.com/2009/06/05/news/companies/fdic_citigroup/index.htm</guid><description>The Federal Deposit Insurance Corp. wants to move around top management at Citigroup, putting Chief Executive Vikram Pandit in a precarious position, according to a report published Friday.</description><pubDate>Fri, 05 Jun 2009 14:49:00 EDT</pubDate></item><item><title>FDIC shelves toxic loan plan</title><link>http://money.cnn.com/2009/06/03/news/fdic.toxicity.fortune/index.htm</link><guid>http://money.cnn.com/2009/06/03/news/fdic.toxicity.fortune/index.htm</guid><description>Regulators shelved a controversial plan that aimed to cleanse banks' balance sheets of toxic assets.</description><pubDate>Wed, 03 Jun 2009 21:18:00 EDT</pubDate></item><item><title>Problem bank list tops 300</title><link>http://money.cnn.com/2009/05/27/news/companies/fdic_profile/index.htm</link><guid>http://money.cnn.com/2009/05/27/news/companies/fdic_profile/index.htm</guid><description>The government's list of troubled banks swelled in the first quarter, climbing to its highest level in nearly 15 years, regulators said Wednesday.</description><pubDate>Wed, 27 May 2009 15:57:00 EDT</pubDate></item><item><title>Zombie banks walk among us</title><link>http://money.cnn.com/2009/05/22/news/companies/zombie_banks/index.htm</link><guid>http://money.cnn.com/2009/05/22/news/companies/zombie_banks/index.htm</guid><description>Maybe the so-called "zombie" banks didn't die after all.</description><pubDate>Tue, 26 May 2009 19:00:00 EDT</pubDate></item><item><title>Two Illinois banks fail, 36 for the year</title><link>http://money.cnn.com/2009/05/22/news/companies/bank_failure/index.htm</link><guid>http://money.cnn.com/2009/05/22/news/companies/bank_failure/index.htm</guid><description>Strategic Capital Bank and Citizens National Bank failed on Friday, bringing the total bank failures for 2009 to 36, up from 25 in all of 2008.</description><pubDate>Sat, 23 May 2009 04:41:00 EDT</pubDate></item><item><title>For small banks, it's eat or get eaten</title><link>http://money.cnn.com/2009/05/21/news/companies/bank_consolidation/index.htm</link><guid>http://money.cnn.com/2009/05/21/news/companies/bank_consolidation/index.htm</guid><description>Don't look now, but the nation's banking industry is about to get a whole lot smaller.</description><pubDate>Thu, 21 May 2009 10:00:00 EDT</pubDate></item><item><title>Score one for the small banks</title><link>http://money.cnn.com/2009/05/20/news/small.banks.fdic.fortune/index.htm</link><guid>http://money.cnn.com/2009/05/20/news/small.banks.fdic.fortune/index.htm</guid><description>Big banks aren't the only ones with powerful lobbyists that know how to pull strings in Washington.</description><pubDate>Wed, 20 May 2009 19:56:00 EDT</pubDate></item><item><title>Banks drop FDIC crutch</title><link>http://money.cnn.com/2009/05/12/news/fdic.guarantee.fortune/index.htm</link><guid>http://money.cnn.com/2009/05/12/news/fdic.guarantee.fortune/index.htm</guid><description>Banks lining up to repay bailout funds are easing away from the Federal Deposit Insurance Corp.'s debt insurance plan, a program that helped banks through last fall's financial storm -- and has made money for the FDIC to boot.</description><pubDate>Tue, 12 May 2009 19:18:00 EDT</pubDate></item><item><title>Money under the mattress?</title><link>http://money.cnn.com/2009/04/29/pf/saving/safe_banks_willis/index.htm</link><guid>http://money.cnn.com/2009/04/29/pf/saving/safe_banks_willis/index.htm</guid><description>Next week the government is expected to reveal the results of its all-important bank stress-tests. Investors and customers alike will be scrutinizing these numbers to make sure their bank has the wherewithal to survive in this tough economic environment.</description><pubDate>Wed, 29 Apr 2009 14:25:00 EDT</pubDate></item><item><title>FDIC's Bair: No bank is too big to fail</title><link>http://money.cnn.com/2009/04/27/news/companies/fdic_bair/index.htm</link><guid>http://money.cnn.com/2009/04/27/news/companies/fdic_bair/index.htm</guid><description>Federal Deposit Insurance Corp. chief Sheila Bair reiterated calls for creating a system that would allow regulators to dismantle a large financial institution.</description><pubDate>Mon, 27 Apr 2009 19:59:00 EDT</pubDate></item><item><title>Bad year for banks: Failures surpass '08</title><link>http://money.cnn.com/2009/04/24/news/companies/bank_failure/index.htm</link><guid>http://money.cnn.com/2009/04/24/news/companies/bank_failure/index.htm</guid><description>First Bank of Idaho became the fourth U.S. bank to fail Friday, raising the 2009 total to 29 -- four more than the 25 that failed all of last year, the government said.</description><pubDate>Sat, 25 Apr 2009 13:31:00 EDT</pubDate></item><item><title>Fed pulls back curtain slightly on stress tests</title><link>http://money.cnn.com/2009/04/24/news/companies/stress_test/index.htm</link><guid>http://money.cnn.com/2009/04/24/news/companies/stress_test/index.htm</guid><description>Top banking regulators offered a detailed view Friday into the workings of an Obama administration program aimed at assessing the health of the nation's largest banks.</description><pubDate>Fri, 24 Apr 2009 19:43:00 EDT</pubDate></item><item><title>Two more banks fail: 25 in 2009</title><link>http://money.cnn.com/2009/04/17/news/companies/bank_failure/index.htm</link><guid>http://money.cnn.com/2009/04/17/news/companies/bank_failure/index.htm</guid><description>Two more banks failed Friday bringing the tally to 25 in 2009, according to the government.</description><pubDate>Thu, 23 Apr 2009 18:06:00 EDT</pubDate></item><item><title>Bank failures: '09 tally reaches 23</title><link>http://money.cnn.com/2009/04/10/news/companies/bank_failure/index.htm</link><guid>http://money.cnn.com/2009/04/10/news/companies/bank_failure/index.htm</guid><description>Two banks failed Friday, bringing the 2009 tally to 23, according to the government.</description><pubDate>Sat, 11 Apr 2009 01:33:00 EDT</pubDate></item><item><title>CDs that sound too good to be true</title><link>http://money.cnn.com/2009/04/02/pf/expert/high_yeilding_CDs.moneymag/index.htm</link><guid>http://money.cnn.com/2009/04/02/pf/expert/high_yeilding_CDs.moneymag/index.htm</guid><description>Question: I have $12,000 I want to invest for the short term. Banks are offering 2% annual percentage yields at best for three-month CDs, but I've seen an ad by a financial institution in my area for a three-month CD that pays 8%. This firm isn't a bank, but it says the CD is FDIC insured. Are you familiar with this type of CD? Do you think it's safe? --David Ankley, Leesburg, Florida</description><pubDate>Fri, 03 Apr 2009 09:10:00 EDT</pubDate></item><item><title>21st bank failure this year</title><link>http://money.cnn.com/2009/03/27/news/companies/bank_failure/index.htm</link><guid>http://money.cnn.com/2009/03/27/news/companies/bank_failure/index.htm</guid><description>Bank regulators closed a Georgia-based bank Friday, marking the 21st bank to be shuttered this year, according to a statement from the FDIC.</description><pubDate>Fri, 27 Mar 2009 22:00:00 EDT</pubDate></item><item><title>Taxing times for the FDIC</title><link>http://money.cnn.com/2009/03/25/news/fdic.hands.full.fortune/index.htm</link><guid>http://money.cnn.com/2009/03/25/news/fdic.hands.full.fortune/index.htm</guid><description>Sheila Bair's band of bank watchdogs is about to get even busier.</description><pubDate>Thu, 26 Mar 2009 09:50:00 EDT</pubDate></item><item><title>Where to stash your cash</title><link>http://money.cnn.com/2009/03/11/magazines/fortune/investor_daily.fortune/index.htm</link><guid>http://money.cnn.com/2009/03/11/magazines/fortune/investor_daily.fortune/index.htm</guid><description>Now that even the biggest banks are battling for survival, traditionally safe investments suddenly look fallible.</description><pubDate>Tue, 24 Mar 2009 20:27:00 EDT</pubDate></item><item><title>U.S. - with firms - to buy 'bad' assets</title><link>http://money.cnn.com/2009/03/21/news/economy/bank_bailout_next_step/index.htm</link><guid>http://money.cnn.com/2009/03/21/news/economy/bank_bailout_next_step/index.htm</guid><description>The Obama administration on Monday will formally unveil a program to help banks clean up their books by subsidizing private investors' purchase of troubled assets.</description><pubDate>Mon, 23 Mar 2009 09:25:00 EDT</pubDate></item><item><title>3 banks fail - 20 so far this year</title><link>http://money.cnn.com/2009/03/20/news/companies/bank_failure/index.htm</link><guid>http://money.cnn.com/2009/03/20/news/companies/bank_failure/index.htm</guid><description>Bank regulators closed three banks Friday, marking the 18th, 19th and 20th failures this year.</description><pubDate>Sat, 21 Mar 2009 01:29:00 EDT</pubDate></item><item><title>FDIC: Help us help you with bad banks</title><link>http://money.cnn.com/2009/03/20/news/economy/fdic_bonus_regulation/index.htm</link><guid>http://money.cnn.com/2009/03/20/news/economy/fdic_bonus_regulation/index.htm</guid><description>The Federal Deposit Insurance Corp. wants Congress to broaden its power to protect consumers from banks that are engaged in criminal acts, according to testimony of an FDIC official Friday.</description><pubDate>Fri, 20 Mar 2009 14:19:00 EDT</pubDate></item><item><title>Commentary: FDIC is there for you</title><link>http://www.cnn.com/2009/POLITICS/03/09/campbell.brown.fdic/index.html#cnnSTCText</link><guid>http://www.cnn.com/2009/POLITICS/03/09/campbell.brown.fdic/index.html#cnnSTCText</guid><description>As we focus on your money this week, we think it's important to remember one area that should not be a source of panic, the Federal Deposit Insurance Corporation, better known as the FDIC.</description><pubDate>Tue, 10 Mar 2009 11:47:00 EDT</pubDate></item><item><title>17th bank fails this year</title><link>http://money.cnn.com/2009/03/06/news/companies/bank_failure/index.htm</link><guid>http://money.cnn.com/2009/03/06/news/companies/bank_failure/index.htm</guid><description>State bank regulators closed Freedom Bank of Georgia Friday, making it the 17th bank to fail this year.</description><pubDate>Sat, 07 Mar 2009 00:04:00 EST</pubDate></item><item><title>Regulators shutter 2 more banks</title><link>http://money.cnn.com/2009/02/27/news/companies/bank_failure/index.htm</link><guid>http://money.cnn.com/2009/02/27/news/companies/bank_failure/index.htm</guid><description>State bank regulators closed two more banks on Friday, the 15th and 16th banks to fail this year, as the worsening recession pulled more regional banks underwater.</description><pubDate>Sat, 28 Feb 2009 02:25:00 EST</pubDate></item><item><title>Problem bank list tops 250</title><link>http://money.cnn.com/2009/02/26/news/companies/fdic_banks/index.htm</link><guid>http://money.cnn.com/2009/02/26/news/companies/fdic_banks/index.htm</guid><description>The government's closely watched list of troubled banks grew during the fourth quarter to its highest level since 1994, regulators said Thursday.</description><pubDate>Thu, 26 Feb 2009 20:49:00 EST</pubDate></item><item><title>FDIC partnership sells $1.45B of bank assets</title><link>http://money.cnn.com/2009/02/26/news/economy/FDIC_distressed_assets/index.htm</link><guid>http://money.cnn.com/2009/02/26/news/economy/FDIC_distressed_assets/index.htm</guid><description>The Federal Deposit Insurance Corporation said Thursday that it had successfully sold $1.45 billion in distressed real estate loans from a failed Nevada bank through a partnership with the private sector.</description><pubDate>Thu, 26 Feb 2009 19:07:00 EST</pubDate></item><item><title>Get ready for a wave of bank failures</title><link>http://money.cnn.com/2009/02/20/news/companies/bank_failures/index.htm</link><guid>http://money.cnn.com/2009/02/20/news/companies/bank_failures/index.htm</guid><description>If it's Friday, there must be a bank failing somewhere across the country.</description><pubDate>Sat, 21 Feb 2009 03:12:00 EST</pubDate></item><item><title>Bank failures: 13 in 2009</title><link>http://money.cnn.com/2009/02/13/news/economy/bank_failure/index.htm</link><guid>http://money.cnn.com/2009/02/13/news/economy/bank_failure/index.htm</guid><description>Four banks folded Friday, bringing the total number of banks to fail this year to 13.</description><pubDate>Sat, 14 Feb 2009 01:46:00 EST</pubDate></item><item><title>When bad banks buy worse banks</title><link>http://money.cnn.com/2009/02/09/markets/thebuzz/index.htm</link><guid>http://money.cnn.com/2009/02/09/markets/thebuzz/index.htm</guid><description>Nine banks have failed so far this year. That's not good news, particularly since 25 failed last year.</description><pubDate>Mon, 09 Feb 2009 18:59:00 EST</pubDate></item><item><title>State regulators close three banks</title><link>http://money.cnn.com/2009/02/06/news/economy/bank_failure/index.htm</link><guid>http://money.cnn.com/2009/02/06/news/economy/bank_failure/index.htm</guid><description>State regulators shuttered three banks Friday evening, bringing the total number of bank failures this year to nine.</description><pubDate>Sat, 07 Feb 2009 02:53:00 EST</pubDate></item><item><title>Three regional banks fail</title><link>http://money.cnn.com/2009/01/30/news/economy/failed_banks/index.htm</link><guid>http://money.cnn.com/2009/01/30/news/economy/failed_banks/index.htm</guid><description>Three regional banks were closed Friday, bringing the total number of failed banks this month to six, as the financial crisis continues to take a toll on small banks nationwide.</description><pubDate>Sat, 31 Jan 2009 00:09:00 EST</pubDate></item><item><title>Businesses find lending alternatives</title><link>http://money.cnn.com/2009/01/30/markets/commercial_paper/index.htm</link><guid>http://money.cnn.com/2009/01/30/markets/commercial_paper/index.htm</guid><description>Businesses largely moved out of a Federal Reserve lending program this week, signaling a shift in how companies are choosing to borrow money.</description><pubDate>Fri, 30 Jan 2009 15:41:00 EST</pubDate></item><item><title>Bank failures to flare up in '09</title><link>http://money.cnn.com/2009/01/26/news/economy/bank_failures_forecast.fortune/index.htm</link><guid>http://money.cnn.com/2009/01/26/news/economy/bank_failures_forecast.fortune/index.htm</guid><description>How many banks will fail this year? No one knows of course, but the answer is many. So far in 2009, we've already had three, putting us on a one-per-week pace. That could mean a doubling of last year's tally of 25, and only slightly less than the total number of failures heretofore over the entire decade (57).</description><pubDate>Mon, 26 Jan 2009 13:35:00 EST</pubDate></item><item><title>First bank failures of '09</title><link>http://money.cnn.com/2009/01/16/news/economy/bank_failure/index.htm</link><guid>http://money.cnn.com/2009/01/16/news/economy/bank_failure/index.htm</guid><description>The financial crisis has claimed its first two banks in 2009 at an approximate cost to the FDIC of more than $200 million.</description><pubDate>Sat, 17 Jan 2009 03:07:00 EST</pubDate></item><item><title>FDIC encourages banks to lend more</title><link>http://money.cnn.com/2009/01/16/news/economy/fdic_tlgp/index.htm</link><guid>http://money.cnn.com/2009/01/16/news/economy/fdic_tlgp/index.htm</guid><description>Federal banking regulators are considering a plan to dramatically expand a lesser-known bailout program that provides government guarantees to hundreds of billions of dollars of corporate debt.</description><pubDate>Fri, 16 Jan 2009 21:27:00 EST</pubDate></item><item><title>Unsafe? Unsound? Take a taxpayer bailout</title><link>http://money.cnn.com/2009/01/08/news/companies/oneunited_tarp.fortune/index.htm</link><guid>http://money.cnn.com/2009/01/08/news/companies/oneunited_tarp.fortune/index.htm</guid><description>Which banks get saved and which are left to die? Few know the answer, and the Treasury Department continues to send mixed signals on how it is implementing the Troubled Asset Recovery Plan (TARP).</description><pubDate>Thu, 08 Jan 2009 21:21:00 EST</pubDate></item><item><title>FDIC is set to sell IndyMac</title><link>http://money.cnn.com/2008/12/29/news/companies/indymac/index.htm</link><guid>http://money.cnn.com/2008/12/29/news/companies/indymac/index.htm</guid><description>A group of investors is on the verge of buying the one of the nation's largest failed banks.</description><pubDate>Mon, 29 Dec 2008 23:37:00 EST</pubDate></item><item><title>Failed banks for sale...who's buying?</title><link>http://money.cnn.com/2008/12/19/news/companies/banks_bidders/index.htm</link><guid>http://money.cnn.com/2008/12/19/news/companies/banks_bidders/index.htm</guid><description>More banks will certainly fail in the months ahead, but at least regulators shouldn't have any trouble finding buyers.</description><pubDate>Fri, 19 Dec 2008 11:00:00 EST</pubDate></item><item><title>Let the FDIC back your portfolio</title><link>http://money.cnn.com/2008/12/18/magazines/fortune/fdic_bonds.fortune/index.htm</link><guid>http://money.cnn.com/2008/12/18/magazines/fortune/fdic_bonds.fortune/index.htm</guid><description>In times of volatility, there's no place like treasurys, but surging demand for the safe, government bonds has sent their prices up and driven their yields into the ground, giving you little bang for your buck. Luckily, a risk-free alternative with attractive yields is now on the market: corporate bonds backed by the FDIC.</description><pubDate>Thu, 18 Dec 2008 18:33:00 EST</pubDate></item><item><title>'Wanted: Bank failure specialist'</title><link>http://money.cnn.com/2008/12/11/news/companies/fdic_banks/index.htm</link><guid>http://money.cnn.com/2008/12/11/news/companies/fdic_banks/index.htm</guid><description>Hardly a day goes by without an announcement from a big company taking an axe to its payroll. But guess who won't be laying off people anytime soon?</description><pubDate>Thu, 11 Dec 2008 21:23:00 EST</pubDate></item><item><title>Beware of shopping blunders</title><link>http://money.cnn.com/2008/12/10/pf/saving/toptips/index.htm</link><guid>http://money.cnn.com/2008/12/10/pf/saving/toptips/index.htm</guid><description>Sagging sales, liquidation, bankruptcy - this holiday season, the retail biz is hard to navigate. Here are some mistakes you'll want to avoid as you do your shopping.</description><pubDate>Wed, 10 Dec 2008 21:02:00 EST</pubDate></item><item><title>Problem banks: What you need to know</title><link>http://money.cnn.com/2008/11/25/news/economy/fdic_list_what_it_means/index.htm</link><guid>http://money.cnn.com/2008/11/25/news/economy/fdic_list_what_it_means/index.htm</guid><description>With the number of troubled banks on the rise, many Americans are wondering whether their bank is safe.</description><pubDate>Tue, 25 Nov 2008 17:02:00 EST</pubDate></item><item><title>Three banks in California, Georgia fail</title><link>http://money.cnn.com/2008/11/21/news/companies/bank_failure/index.htm</link><guid>http://money.cnn.com/2008/11/21/news/companies/bank_failure/index.htm</guid><description>Three more banks - two in California and one in Georgia - failed Friday, bringing to 22 the number of institutions forced to close in the wake of the financial crisis.</description><pubDate>Sat, 22 Nov 2008 04:18:00 EST</pubDate></item><item><title>Bailout beneficiary takes over Florida bank</title><link>http://money.cnn.com/2008/10/31/news/companies/bank_failure/index.htm</link><guid>http://money.cnn.com/2008/10/31/news/companies/bank_failure/index.htm</guid><description>Fifth Third Bancorp, which is receiving $3.5 billion in bailout money, will acquire Florida's failed Freedom Bank.</description><pubDate>Sat, 01 Nov 2008 15:19:00 EDT</pubDate></item><item><title>The Next Bailout: Helping Homeowners in Distress</title><link>http://www.time.com/time/business/article/0,8599,1854953,00.html?xid=feed-cnn-topics</link><guid>http://www.time.com/time/business/article/0,8599,1854953,00.html?xid=feed-cnn-topics</guid><description>The Bush Administration is working to create a program that would cut down on foreclosures by helping creditworthy borrowers make their monthly mortgage payments</description><pubDate>Thu, 30 Oct 2008 14:00:00 EDT</pubDate></item><item><title>Rescue plan: What's in it</title><link>http://money.cnn.com/2008/10/14/news/economy/rescue_plan_foursteps/index.htm</link><guid>http://money.cnn.com/2008/10/14/news/economy/rescue_plan_foursteps/index.htm</guid><description>The federal government on Tuesday announced a historic plan to restore confidence in the U.S. financial system and to spur banks to begin lending again more normally - both to each other and to consumers and businesses.</description><pubDate>Tue, 14 Oct 2008 20:05:00 EDT</pubDate></item><item><title>Small biz: Here's the help we really need</title><link>http://money.cnn.com/2008/10/14/smallbusiness/fdic_insurance_increase.smb/index.htm</link><guid>http://money.cnn.com/2008/10/14/smallbusiness/fdic_insurance_increase.smb/index.htm</guid><description>President Bush's announcement Tuesday that the Federal Deposit Insurance Corp. will temporarily do away with its insurance caps and cover all deposits in non-interest bearing accounts was a measure aimed straight at Main Street. But critics say the step doesn't address the most critical problem threatening small businesses: slow sales and a sluggish credit market.</description><pubDate>Tue, 14 Oct 2008 17:40:00 EDT</pubDate></item><item><title>US Bank Failures Sit at 13 and Counting</title><link>http://www.time.com/time/business/article/0,8599,1849481,00.html?xid=feed-cnn-topics</link><guid>http://www.time.com/time/business/article/0,8599,1849481,00.html?xid=feed-cnn-topics</guid><description>Every once in a while a decision made in a boring meeting at an unglamorous, fluorescent-lit  federal agency signals that historic upheaval is underway for the world outside </description><pubDate>Mon, 13 Oct 2008 05:00:00 EDT</pubDate></item><item><title>Local banks fail in Illinois, Michigan</title><link>http://money.cnn.com/2008/10/10/news/economy/bank_failures/index.htm</link><guid>http://money.cnn.com/2008/10/10/news/economy/bank_failures/index.htm</guid><description>Two regional banks were closed by state regulators Friday as the downturn in the housing market continues to strain local lenders.</description><pubDate>Fri, 10 Oct 2008 23:52:00 EDT</pubDate></item><item><title>Safe ways to stash your cash</title><link>http://money.cnn.com/2008/10/06/pf/safe_havens.moneymag/index.htm</link><guid>http://money.cnn.com/2008/10/06/pf/safe_havens.moneymag/index.htm</guid><description>With stocks and bonds in turmoil, and the housing market still in the dumps, you're probably wondering: Are there any safe places to stash your money in this market?</description><pubDate>Thu, 09 Oct 2008 20:14:00 EDT</pubDate></item><item><title>New FDIC limits could hurt some banks</title><link>http://money.cnn.com/2008/10/02/news/companies/banks_fdic_limits/index.htm</link><guid>http://money.cnn.com/2008/10/02/news/companies/banks_fdic_limits/index.htm</guid><description>Now that the Senate has passed a new version of the controversial bailout bill, consumers and businesses worried about what may happen to their bank deposits if more banks go under could breathe a little easier.</description><pubDate>Thu, 02 Oct 2008 19:08:00 EDT</pubDate></item><item><title>No bailout? Here's Plan B</title><link>http://money.cnn.com/2008/09/30/news/economy/plan_b/index.htm</link><guid>http://money.cnn.com/2008/09/30/news/economy/plan_b/index.htm</guid><description>A day after the House's surprise defeat of a $700 billion financial rescue bill, talk grew louder about alternative government steps that could help battered credit markets and stave off broader problems in the economy.</description><pubDate>Wed, 01 Oct 2008 09:46:00 EDT</pubDate></item><item><title>FDIC asks to boost deposit limits</title><link>http://money.cnn.com/2008/09/30/news/economy/fdic_limits/index.htm</link><guid>http://money.cnn.com/2008/09/30/news/economy/fdic_limits/index.htm</guid><description>The federal agency that guarantees bank deposits is asking Congress for temporary authority to raise the limit on the amount of money it insures for individual bank accounts.</description><pubDate>Tue, 30 Sep 2008 23:01:00 EDT</pubDate></item><item><title>Without a Bailout Plan, What Will the Cost Be?</title><link>http://www.time.com/time/nation/article/0,8599,1845609,00.html?xid=feed-cnn-topics</link><guid>http://www.time.com/time/nation/article/0,8599,1845609,00.html?xid=feed-cnn-topics</guid><description>As the House fails to pass the financial-rescue package, regulators will be forced to revert to a piecemeal approach. And that could cost taxpayers more</description><pubDate>Mon, 29 Sep 2008 23:00:00 EDT</pubDate></item><item><title>Wall Street drops at open</title><link>http://money.cnn.com/2008/09/29/markets/stockswatch/index.htm</link><guid>http://money.cnn.com/2008/09/29/markets/stockswatch/index.htm</guid><description>Stocks skidded Monday morning - with the Dow industrials down more than 300 points - as investors eyed a series of bank failures in Europe and worried that the government's $700 billion bank bailout plan won't be sufficient to loosen up nearly frozen credit markets.</description><pubDate>Mon, 29 Sep 2008 13:58:00 EDT</pubDate></item><item><title>Troubled banks 101</title><link>http://money.cnn.com/2008/09/25/news/economy/troubled_banks_101/index.htm</link><guid>http://money.cnn.com/2008/09/25/news/economy/troubled_banks_101/index.htm</guid><description>Bank failures are scary - especially during these times of economic distress.</description><pubDate>Fri, 26 Sep 2008 02:30:00 EDT</pubDate></item><item><title>12th bank failure of the year announced</title><link>http://money.cnn.com/2008/09/19/news/companies/ameribank_closure/index.htm</link><guid>http://money.cnn.com/2008/09/19/news/companies/ameribank_closure/index.htm</guid><description>Ameribank Inc. was shut down on Friday by the Office of the Thrift Supervision, making it the 12th bank this year to go under.</description><pubDate>Sat, 20 Sep 2008 00:48:00 EDT</pubDate></item><item><title>Troubled waters for regional banks</title><link>http://money.cnn.com/2008/09/03/news/companies/bank_ratings/index.htm</link><guid>http://money.cnn.com/2008/09/03/news/companies/bank_ratings/index.htm</guid><description>Mortgage-related problems continued to hammer regional banks, according to a report released Wednesday.</description><pubDate>Wed, 03 Sep 2008 23:34:00 EDT</pubDate></item><item><title>FDIC announces 10th bank failure of the year</title><link>http://money.cnn.com/2008/08/29/news/economy/integrity_bank/index.htm</link><guid>http://money.cnn.com/2008/08/29/news/economy/integrity_bank/index.htm</guid><description>State regulators shuttered a Georgia bank late Friday, marking the tenth bank failure this year.</description><pubDate>Fri, 29 Aug 2008 21:58:00 EDT</pubDate></item></channel></rss>