fdic insurance limits FDIC closes Crestview bank

FDIC closes Crestview bank

The Federal Deposit Insurance Corporation closed Premier Community Bank of the Emerald Coast in Crestview on Friday. The following is a press release issued by FDIC on the bank closure: Premier Community Bank of the Emerald Coast, Crestview,... link to website

Former FDIC Chief Bair Calls for Stiffer Rules on Leverage

Former Federal Deposit Insurance Corp. Chairman Sheila Bair will push for stiffer global limits on how much banks can borrow when she testifies to U.S. lawmakers today. link to website

CD rates from risky banks

When you're on the hunt for the best CD rates on a certificate of deposit, every tenth of a percentage point of yield makes a difference, especially when interest rates are at a historic low. But if the ... link to website

FDIC sometimes sues execs of failed banks

But Central Progressive's Richard S. Blossman, Jr. has not been named in any filings link to website

Four directors fined $105,000 by FDIC

Four directors of Rocky Mountain Bank & Trust were assessed $105,000 in civil money penalties by the Federal Deposit Insurance Corp. The bank has a branch in Florence as well as Colorado Springs. link to website

How Safe Is Your Cash?

Don't rule out money market mutual funds, but do mind these common-sense rules. link to website

Where to Save?

After haranguing people to save yesterday, I naturally received queries about what one should put one's money in.  Fair warning: I am an inherently conservative investor who takes a rather brute force ... link to website

Don’t Give Up on the Sensible Ideas the Dodd-Frank Act Offers Banks: View

More than three years after the U.S. financial system went into free fall, the Dodd-Frank Act, Congress’s primary effort to prevent a repeat episode, has become something of a bete noire. link to website

Calamos Investments Limits Purchases for Calamos Growth and Income Fund and Calamos Global Growth and Income Fund

NAPERVILLE, Ill. , Dec. 20, 2011 /PRNewswire/ -- Calamos Investments announces that, effective as of the close of business on January 20, 2012 , the Calamos Growth and Income Fund (A shares: CVTRX; B shares: ... link to website

Bank Regulators Work in Secret to Stem Failures

Investors and the public rarely know when regulators have told bank management to fix a problem link to website