Citigroup Said to Push for Bailout-Payback Agreement This Week
By Bradley Keoun Read the full story
Tag Archive | "FDIC"
Bailout: Citigroup To Push For Payback Agreement This Week
Posted on 07 December 2009.
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H1N1: Malware Epidemic Is More Contagious Than Real Deal
Posted on 04 December 2009.
Malware authors are impersonating the CDC in a new scheme to propagate a trojan horse. Fraudulent e-mails sent by a botnet claim that the recipient must register for a fake state vaccination program but really link to a malware-infested phishing website.
The Center for Disease Control (CDC) issued a statement this week to warn citizens about a recent wave of phishing e-mails that deceptively claim to be from the government organization. The e-mails refer to a state vaccination program and tell recipients that they have to create a personal H1N1 vaccination profile. Read the full story
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FDIC Board of Directors Memo: “Pursuant to these requirements, staff estimates that both the Fund balance and the reserve ratio as of September 30, 2009, will be negative”
Posted on 01 October 2009.
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Banking: FDIC may borrow from banks to top up fund
Posted on 23 September 2009.
FDIC may borrow from banks to top up fund
FDIC: The Federal Deposit Insurance Corporation has been one of the more effective U.S. financial regulators. Yet the agency has a problem — its fund that insures deposits of up to US$250,000 needs cash. It had shrunk to US$10.4-billion at the end of June. One possibility being considered is to top it up by borrowing from stronger banks. While that may sound politically more palatable than begging from taxpayers, it’s a daft idea. The FDIC shouldn’t be beholden to the companies it regulates. Read the full story
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