Tag Archives: FDIC

Financial Stories You Might Have Missed – And a Note of Irony

by Richard Magrann-Wells, March 23, 2012 | Posted in Financial Services

A New Class of Exports – Class Action Goes International Countries export when they have a surplus.  Japan produces cars.  France produces wine. America, well, America produces lawyers. In the last 12 years the number of countries that allow class actions … Continue reading → Continue reading →

5 Financial News Stories You May Have Missed – With Another Iceland Phenomenon

by Richard Magrann-Wells, March 9, 2012 | Posted in Financial Services

1. Nada De Novo ~ Not a Single New Bank in 2011 While banks continue to fail at an alarming rate (12 just since the beginning of this year), an even more disturbing revelation came to light this week: 2011 … Continue reading → Continue reading →

5 Financial News Stories You May Have Missed – With a New England Win

by Richard Magrann-Wells, February 3, 2012 | Posted in Financial Services

This week: Merrill Lynch, Barclays, Lloyds Banking, Credit Suisse, Royal Bank of Scotland, HSBC, Bo Brownstein, Amro Holding--and a player to be named later. Continue reading → Continue reading →

It’s a Wonderful Sub-Prime Life

by Richard Magrann-Wells, December 21, 2011 | Posted in Financial Services

The Bailey Building & Loan Association (BB&L) was one of the worst run banks in America. It would have topped the FDIC’s problem bank list, if such a list had existed in 1946. In fact it almost certainly would have failed every financial test of today’s regulators. Continue reading → Continue reading →

5 Financial Stories You May Have Missed – The “20/20 Hindsight Rule”

by Richard Magrann-Wells, December 16, 2011 | Posted in Financial Services

This week's financial stories saw SIPC, Bank of England, Bear Stearns, JPMorgan, WaMu, Thema, HSBC, SEC, FDIC, and The 20/20 Hindsight Rule Continue reading → Continue reading →

5 Financial Stories You May Have Missed – With a Dropped Ball

by Richard Magrann-Wells, December 2, 2011 | Posted in Financial Services

This week: the SEC-Citibank non-settlement, credit ratings, banking fines, the FDIC, and some San Francisco 49ers Continue reading → Continue reading →

5 Financial Stories You May Have Missed – With European Bondage

by Richard Magrann-Wells, November 21, 2011 | Posted in Financial Services

This week's 5 financial news stories: FDIC, Credit Unions, Dodd-Frank, DOJ--and a cool interactive map explaining the European debt crisis. Continue reading → Continue reading →