failed banks

Bank Bailouts Cost Much Less Than the FDIC Expected

Given the level of public outrage over the government's rescue of banks during the financial crisis, the final cost to the taxpayer of keeping those failed institutions afloat turns out to have been relatively modest: The FDIC has paid out a mere $8.89 billion to 165 banks since the crisis began.

The end draws nigh for Guaranty Bank

Just how much trouble is Guaranty Bank in? Well, it's not often that a bank announces that it's on the brink of failure. But that's just what Austin,...