Topic: Federal Deposit Insurance Corporation
Top galleries, list articles, quizzes
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Seven retirement questions you need to answer
Retirement planning isn't easy. Nearly half of Americans don't feel financially prepared to live to age 75, according to a survey from Northwestern Mutual. But the process is a lot less burdensome if you break the task down into simpler parts. Here are seven questions to ask as you plan for your long-term financial security in retirement.
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Five Senate races to watch
All Content
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Top Picks: Henri the cat's philosophical musings, HBO's specials on childhood obesity, and more
A PBS documentary explores the life of ukulele player Jake Shimabukuro, Venmo lets phone users transfer money from one device to another, and more top picks.
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The Simple Dollar Everything you need to know about financial planning
Hamm gives his take on a pithy list of everything you need to know about financial planning.
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The Monitor's View: Euro crisis: Why a Cyprus bailout must be seen as 'fair'
As Europe tackles its latest euro crisis, a Cyprus bailout deal must follow the path of being perceived as 'fair.' A tax on small-time savers isn't seen that way.
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Energy Voices Are high oil prices pushing us towards debt limits?
The US is reaching debt limits because of a specific resource limit – lack of inexpensive oil, Tverberg writes.
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Social Security deadline: how recipients can switch over from checks
With rare exceptions, the Social Security Administration is requiring people who still get their benefits by check to switch to some kind of electronic transfer by March 1.
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That didn't take long: AIG decides not to sue US over bailout terms
AIG, which said it had been legally bound to consider the interests of shareholders, appears to have concluded that damage to its public image would outweigh any benefits of joining the suit.
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Timothy Geithner pressures SEC to change money-market rules
Timothy Geithner is putting pressure on the Securities and Exchange Commission to overhaul its rules for money-market mutual funds. Geithner warned that without an overhaul to the money-market system, US financial stability would remain threatened.
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Discover: The card that pays you back after you overpay
Discover Bank agrees to reimburse $200 million to consumers it pressured to buy credit-monitoring and other costly credit-card add-ons. Discover will also pay a $14 million fine.
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Richard Eggers arrested for fake dime in 1963. Fired in 2012.
Richard Eggers's fake dime crime 49 years ago has caused Wells Fargo to fire him in the wake of tightened federal rules on hiring. Richard Eggers says his use of a fake dime in a laundromat was a 'stupid stunt.'
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Federal Deposit Insurance Corporation: Bank profits up from 2011
Federal Deposit Insurance Corporation (FDIC) said Tuesday that the banking industry earned $34.5 billion in the second quarter, up from $28.5 billion in the second quarter of 2011. Banks were also less cautious about lending, though earnings growth remained 'sluggish' according to the Federal Deposit Insurance Corporation.
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Saving Money Prepaid cards are here to stay. Do you need one?
Prepaid cards are surging: By 2013, consumers could be loading three times the amount of cash they carried on prepaid cards in 2010.
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The Reformed Broker Banks fall victim to con men
Desperate for money, troubled banks are turning to unconventional sources to gain capital – and getting bilked in the process.
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The Reformed Broker Dr. Seuss takes on Chancellor Merkel
Germany's Angela Merkel made her most forceful comments yet on the possibility of providing shared eurobonds and an FDIC-like guarantee for bank deposits. The Reformed Broker composes a poem in honor of the occasion.
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The Lost Bank
Wall Street Journal reporter Kirsten Grind tells the arrogant, shocking, utterly mad story of the biggest bank failure in US history.
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The Circle Bastiat Can you yell 'run' in a crowded bank?
Many states have laws on the books prohibiting anyone from making disparaging comments about a particular bank’s financial condition. This talk is thought to be outside free speech because rumors can trigger a bank run, but a recent ruling has some banks worried.
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Stocks inch higher as investors await Europe news
The major market indexes closed modestly higher, after wavering between slight gains and losses throughout the morning. Trading volume was light and the stock moves were small, as the Dow Jones rose rose 26 points to 12,127.
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Stocks rally to erase steep losses
Stocks closed mixed Wednesday after a late rally erased steep losses. The Dow lost seven points to close at 12496
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JPMorgan Chase trading fiasco: What to do about big banks?
JPMorgan's loss of $2 billion shows that the forces that unleashed the recession remain partially untamed – and that Congress is still struggling to get a handle on the solution.
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The Entrepreneurial Mind How to find a small business-friendly bank
Using FDIC data, one online tool grades banks on their commitments to small business lending.
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The Daily Reckoning The financial industry's growth is stunting everything else
The financial industry was 2.5 percent of the economy when World War II ended. Now, it is 8.5 percent. How did it get so big, and what are the costs?
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JP Morgan losses send Wall Street back to Capitol Hill (+video)
Congressional critics plan hearings to probe how America's largest bank posted $2 billion in trading losses – and whether new financial regulations, still being implemented, go far enough to rein in Wall Street abuses
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Seven retirement questions you need to answer
Retirement planning isn't easy. Nearly half of Americans don't feel financially prepared to live to age 75, according to a survey from Northwestern Mutual. But the process is a lot less burdensome if you break the task down into simpler parts. Here are seven questions to ask as you plan for your long-term financial security in retirement.
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The Simple Dollar Student loans are $300,000. Prepay them or save?
Student loans are so high, couple wonders whether to pay them off early or save $5,000 a year for retirement. Question on student loans is No. 6 in this reader mailbag.
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The Circle Bastiat What Bernanke gets wrong about the gold standard
The redistribution created by the Fed’s monetary pumping actually weakens the economy over time as real savings is squandered on malinvestments. With gold as money, real production and savings is stimulated. Federal Reserve chairman Ben Bernanke doesn't understand that.
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Bankruptcy court lets Washington Mutual reorganize
Bankruptcy reorganization calls for failed bank to distribute $7 billion to creditors and 418 million to shareholders. Bankruptcy proceedings took more than three years.
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