The recent failure of IndyMac has sent the FDIC's insurance fund balance to its lowest levels since 1995.
This is forcing the regulator to boost its reserves by increasing the fees banks pay.
indymacFDIC to boost insurance fundCNN Money Tue, 08/26/2008 - 4:34pm
It's a bad week ahead for banksCNN Money Mon, 07/14/2008 - 12:10pm
If this weekend's news about Fannie Mae and Freddie Mac and Friday's IndyMac failure weren't scary enough, now Wall Street will have to contend with what is likely to be dismal quarterly results from many top financial firms. Tags:
IndyMac: Your money is safe - FDICCNN Money Sun, 07/13/2008 - 4:08pm
The FDIC stressed Sunday that the takeover of failed bank Indymac is largely a "non-event" for most customers. |
