Hints and tips:
...What exactly do the Federal Deposit Insurance Corporation and the Federal Reserve Board say they want big banks to do?...
...on deposit insurance, interest rate caps, reserve requirements....
...They, along with Penn Square, were taken over by the Federal Deposit Insurance Corporation, which “resolved” them in liquidation and sale mode....
...So are we missing something here, or is the Goldman approach tantamount to giving Volcker, Dodd et al the finger? That can’t be Goldman’s intention....
...You can see why FDIC, the Fed, et al are so concerned about commercial real estate (CRE), having issued their guidance on “prudent” CRE loan workouts late last week....
...Marx is singing in his grave there in London as the US government now controls the auto, mortgage, insurance, banking, et al industries and he has not fired a shot....
International Edition