Hints and tips:
...We think the SEC should stay away, but we were struck by a thoughtful Twitter thread by Todd Phillips, a policy consultant and former Federal Deposit Insurance Corporation lawyer, arguing the other way....
...The Federal Deposit Insurance Corp has closed or brokered the sale of more than 500 banks since Lehman Brothers collapsed in 2008. Europe and Japan have taken far longer to lance that boil....
...New issuance of products in which the principal is backed by the Federal Deposit Insurance Corporation, were 39 per cent of the market, up from 32 per cent the prior year....
...The number of banks on the Federal Deposit Insurance Corporation’s “Problem List” fell from 888 to 865 in the second quarter, the first decline since 2006....
...MySmartCash account holders’ money is guaranteed by the Federal Deposit Insurance Corporation because Fidelity has an arrangement with a bank, Fifth Third, which actually holds the deposits....
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