bair
| 12:10PM 10/21/2009
In a speech at Whitney Tilson's Value Investing Conference on Monday, hedge-fund icon David Einhorn of Greenlight Capital, perhaps best known for his massive bet against Lehman Bros., offered some wisdom on the economic outlook and how investors can protect themselves.
Einhorn pulled no punches....
| 10:00AM 9/29/2009
The FDIC is running out of time to make a crucial decision about how to raise funds to rebuild its dwindling insurance fund. If it wants to raise funds by a special assessment, it must announce that it's doing so by Sept. 30 so that banks can set aside funds in the next quarter.
The FDIC must...
| 9:40AM 9/22/2009
In a reversal of fortunes, the FDIC may need to turn to healthy banks for money to help bail out the FDIC's insurance fund, which is running out of money as it tries to rescue all the failed banks, the New York Times reported Tuesday. Banks like this deal because they can lend money to the FDIC...
| 4:00PM 9/01/2009
The number of U.S. banks holding less capital to cushion against losses than regulators require reached 116 in the second quarter -- more than triple than 30 that earned that dubious classification last year, according to a new study by research firm SNL Financial and TheStreet.com. The three most...
| 11:45AM 3/10/2009
When TARP was first passed, the plan was to buy the toxic assets of banks so they could recognize their losses, clean their books and move on. However, the Bush administration stepped back from that plan, calling it too costly and difficult. Instead they just infused cash into the sick system.
FDIC...