Powers and considerations of the Federal Deposit Insurance Corporation for handling failing FDIC-insured banks
Author: Douglas H. Jones
Publisher:
Published: 1987
Total Pages:
ISBN-13:
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Author: Douglas H. Jones
Publisher:
Published: 1987
Total Pages:
ISBN-13:
DOWNLOAD EBOOKAuthor: Federal Deposit Insurance Corporation
Publisher:
Published: 2018-03-06
Total Pages:
ISBN-13: 9780966180817
DOWNLOAD EBOOKCrisis and Response: An FDIC History, 2008¿2013 reviews the experience of the FDIC during a period in which the agency was confronted with two interconnected and overlapping crises¿first, the financial crisis in 2008 and 2009, and second, a banking crisis that began in 2008 and continued until 2013. The history examines the FDIC¿s response, contributes to an understanding of what occurred, and shares lessons from the agency¿s experience.
Author: Federal Deposit Insurance Corporation
Publisher:
Published: 1951
Total Pages: 422
ISBN-13:
DOWNLOAD EBOOKBeginning with 1981, merger decisions of the Corporation are published separately as vol. 2 of the Annual report.
Author: Federal Deposit Insurance Corporation
Publisher: GPO FCIC
Published: 2010
Total Pages: 24
ISBN-13: 9781612210711
DOWNLOAD EBOOKDetailed explanation of which bank and savings accounts qualify for federal deposit insurance coverage, how one person can have multiple accounts covered, and when the temporary $250,000 coverage will revert to $100,000.
Author: United States. Congress. Senate. Committee on Banking and Currency
Publisher:
Published: 1960
Total Pages: 98
ISBN-13:
DOWNLOAD EBOOKConsiders H.R. 12465, to provide for a simpler method of determining assessments under the Federal Deposit Insurance Act.
Author:
Publisher:
Published: 1998
Total Pages: 248
ISBN-13:
DOWNLOAD EBOOKDeals with the result of a study conducted by the FDIC on banking crisis of the 1980s and early 1990s. Examines the evolution of the processes used by FDIC and RTC to resolve banking problems, protect depositors and dispose of the assets of the failed institutions.
Author: Marie T. Reilly
Publisher:
Published: 2016
Total Pages: 58
ISBN-13:
DOWNLOAD EBOOKWhen a federally insured bank fails, the Federal Deposit Insurance Corporation (the "FDIC") typically intervenes to protect depositors. As part of the bailout, the FDIC undertakes the role of liquidator of the bank's assets, both physical and intangible. A bank's tangible assets consist primarily on its loan portfolio, that is, its rights to receive repayment from borrowers. A failed bank's loan portfolio is packaged with "troubled" loans, which are of doubtful collectibility for a variety of reasons. In most cases, the borrower is insolvent and simply cannot repay the loan. In other cases, the bank's right to repayment is subject to offset or reduction because the borrower has a valid defense against the bank. For example, a borrower may contend that he is relieved from his obligation to repay his loan on grounds that he lacked mental capacity to contract, or that the bank defrauded him. When the FDIC acquires a loan following a bank's failure, a borrower will assert this defense against the FDIC. This Article analyzes the governing rules under which the FDIC can acquire the power to collect the loan free of the borrower's defenses.Part II of this Article describes the FDIC's role in bank failure resolution. Part III examines the law governing the FDIC's immunity from obligors' claims and defenses. Part IV then proposes an economic framework for evaluating an immunity rule's efficiency as a loss allocation device. Part V evaluates the holder in due course rule, a familiar and analogous loss allocation rule, concluding that it is efficient. Part VI of this Article proposes a rule of immunity for the FDIC that efficiently allocates loss between borrowers and the FDIC.
Author: Irvine H. Sprague
Publisher: Beard Books
Published: 1986
Total Pages: 316
ISBN-13: 9781587980176
DOWNLOAD EBOOKDuring the high interest times in the 1970's and 1980's, the banks and the savings and loan associations were under heavy financial pressure. Hundreds of them failed. The Home Loan Bank Board permitted the savings and loan associations to treat goodwill as capital, thereby allowing them to remain open and to build up enormous losses that eventually cost the taxpayers billions of dollars. The Federal Deposit Insurance Corporation took a different approach. It closed the banks or sold them, all at no cost to the taxpayers. Bailout is the engrossing story of how the FDIC handled four of these failures. Book jacket.
Author: Horvitz, Paul M.
Publisher:
Published: 1975
Total Pages:
ISBN-13:
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