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Leon Black
The downfall of Wall Street billionaire Leon Black
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
November 22, 2023
FirstFT
FirstFT: Today’s top stories
...The letter from two of the most influential liberal lawmakers in Congress with oversight over Wall Street comes as the Fed, the Federal Deposit Insurance Corporation and the Office of the Comptroller of...
March 2, 2021
FT Live
Global Insurance Summit
Strengthening resilience, capital and innovation as systemic risks evolve
Thursday, 13 JuneLondon, UK
US politics & policy
Trump’s Supreme Court pick favours curbing bureaucratic power
...But Neil Gorsuch, 49, parts company with Mr Scalia, whose high court seat he would fill, over a legal issue that could dramatically shrink the power of federal agencies to impose their will on the US economy...
February 1, 2017
US & Canadian companies
Supreme Court tackles insider trading law
...He had been prosecuted after alerting shareholders to a fraud at Equity Funding Corporation of America, an insurance company....
October 4, 2016
News in-depthWeek in Review
Week in Review, August 20
...There were billions of dollars of losses for the Federal Deposit Insurance Corporation when Colonial went bust in 2009....
August 19, 2016
US healthcare reform
Future of US healthcare law hangs on a single phrase
...Hospitals and insurance companies are bracing for a shock should federal subsidies dry up. Though many of them initially opposed Obamacare, they are now flocking to help the government defend it....
March 4, 2015
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
Life & Arts
The FT’s summer books 2016
...First, the government would guarantee all deposits, charging risk-based insurance premia....
July 1, 2016
Henny Sender
Private equity: Last of the risk-takers?
...Six months later the bank failed and the Federal Deposit Insurance Corp, the regulator, sold WaMu to JPMorgan....
August 18, 2013
US downturn
Failures of the Dodd-Frank Act
...They put in place the Federal Deposit Insurance Corporation to provide an orderly resolution of troubled depository institutions – “banks” – before they failed....
July 15, 2010
FT AlphavilleStacy-Marie Ishmael
BankUnited fails, long live BankUnited
...facilitated by the Federal Deposit Insurance Corporation (FDIC)....
May 21, 2009
Commodities
Share prices rising but so are the bad debts
...In the US, for instance, the latest Quarterly Banking Profile from the Federal Deposit Insurance Corporation showed that non-current loans (loans where payments have fallen behind schedule) were rising...
September 27, 2009
Asia-Pacific equities
US and Asia stocks plunge
...Citigroup agreed to buy most of its assets and liabilities in a deal brokered by the Federal Deposit Insurance Corporation....
September 30, 2008
Terrorism
New life through a lens
...Indeed, on the face of it Leitz ran a model Nazi corporation, supplying Leicas to the Army and the Luftwaffe, and manufacturing the navigation gear for the V-2 rocket....
February 2, 2007

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