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FDIC Fund Strained by Bank Failures May Lift Premiums
The failure of IndyMac Bancorp Inc. and seven other banks this year may erase as much as 17 percent of a government insurance fund and raise premiums for all banks, from Franklin National of Minneapolis to Bank of America Corp.
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Watch the video where the 90 banks in trouble list is mentioned
video where the 90 banks in trouble list is mentioned
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FDIC troubled bank list
The FDIC has been reporting all weekend about some large banks that are showing signs of definite weakness. While the FDIC sees some improvement in the banking industry there are still some serious problems. The troubled Banks include some big names and there are some real issues in California.
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FDIC halts foreclosure on IndyMac mortgages: Bair
The Federal Deposit Insurance Corp has temporarily halted any foreclosures on the $15 billion of bank-owned mortgage loans found in IndyMac’s portfolio, FDIC Chairman Sheila Bair said on Monday.
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