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: beSpacificFDIC Reports Year-End 2007 Financial Results for the Deposit Insurance Fund and the FSLIC Resolution Fund
By Sabrina
Full post as published by beSpacific on February 19, 2008 (boomark / email).
FDIC Insurance Coverage for Trusts
Most folks know that cash accounts in banks are insured up to $100,000, per individual, per bank, by the Federal Deposit Insurance Corporation. Trusts, of course, can own bank accounts, but often have multiple beneficiaries...
FDIC Insurance Coverage for Trust Accounts
With the recent failure of IndyMac Bank and even large banks like Wachovia reporting astounding losses, some folks are becoming increasingly concerned about the safety of their money...
How Well the FDIC Works Re: Failed Banks
“It is a tale of two systems. One system, the one used to process failed and faltering banks, works really well. It's been in place and evolving for 75 years, since the Federal Deposit Insurance Corp...
FDIC DEPOSIT INSURANCE LIMITATIONS
Over the past several weeks, several banks have failed, and their depositors paid out by the FDIC. While the FDIC may pay out more than the insured amount, the actual amount of deposit insurance per account at a given bank is $100,000 (or $250,000 for certain IRA's and other similar deferred accounts)...
SNSFE Investigating Losses At Reserve Primary Fund
Attorneys at SNSFE are investigating the Reserve Primary Fund. According to Wall Street Journal reports, more than a year before the Reserve Primary Fund "broke the buck" with losses that spread chaos through the financial system last week, the fund...
$250K FDIC Caps: Nice, but Irrelevant
Raising the FDIC deposit insurance cap is a helpful, but largely irrelevant move.
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