February 28, 2010
The Federal Deposit Insurance Corporation (FDIC) took additional pounding this week when a fourth quarter report demonstrated that the FDIC was running in the red to the sum of $20.9 billion. This is a serious problem considering that the FDIC “insures” your deposits.
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October 28, 2009
Another wave of mortgage-related pain adds to the banks uneasiness after officials warn that American real estate troubles will go commercial.
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