Alison Vekshin Archive

FDIC May Add to Special Fees

[Skip to the end] This just serves to raise the cost of funds for banks FDIC May Add to Special Fees as Mounting Failures Drain Reserve By Alison Vekshin August 20 (Bloomberg) — Colonial BancGroup Inc.’s collapse and the prospect of mounting failures among regional lenders may prompt the Federal Deposit Insurance ...Read More

Bloomberg: Thoughts on Treasury plan

[Skip to the end] My take is an RTC type solution only works when the government owns the institutions, so this will probably be different. I suspect it will be more like Japan, where the government bought a new class of preferred stock in the banks to add capital. Whatever they will ...Read More