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[A Different Kind of Blog] FDIC’s list of ”˜problem’ banks swells to 171”¦ video: “We’ve had profound problems in our financial markets that are taking a rising toll on the real economy,” said FDIC Chairman Sheila Bair in a statement, adding that Tuesday’s report “reflects these challenges.”

[Dr. Housing Bubble Blog] The Silent Economic Depression: Lessons from the Great Depression ...: This of course didn’t simply happen over night but because IndyMac Bank participated in the toxic mortgage orgy and set itself up for failure. Year after year even after warnings and caution was being voiced in the community, .

[Palashbiswaskl's Weblog] Indian Economy Plunges in Love America! Recession Alarm Rings ...: The economic interference of today’s cabinet departments is reinforced and amplified by more than one hundred federal agencies and commissions, the most well known of which include, besides the IRS, the FRB and FDIC, the FBI and CIA, the EPA, FDA, SEC, CFTC, NLRB, FTC, FCC, FERC, FEMA, FAA, CAA, INS, OHSA, CPSC, NHTSA, EEOC, BATF, DEA, NIH, and NASA. Under laissez-faire capitalism, all such agencies and commissions would be done away with, with the exception of the FBI, which would be reduced to the legitimate functions of counterespionage and combating crimes against person or property that take place across state lines.

[The Illinois Business Law Journal] The Government Response to the Wall Street Crisis: The FDIC was created to restore consumer confidence in the banking system, and since its inception it has not lost a single penny of insured deposits.[5]  The FDIC is responsible for directly examining and supervising about 5, 250 banks and savings banks, which is more than half of the institutions within the banking system.[6] 

[Twin Cities North Metro Real Estate ~ Anoka County Blog ~ Forest Lake, Lino Lakes & Ham Lake] Housing Help Snowballing! Finally They Ask, "Can the Buyer Pay ...: Earlier this week, I read a Newsweek article posted by Daniel McGinn, Focusing on Foreclosures. In the article, McGinn discusses how after the summer takeover of IndyMac, the FDIC introduced a loan modification program that looks at a ...

[Julio Martinez-Clark's Weblog] The Truth Report - August 2008: “Some $1 billion of uninsured deposits held by 10,000 IndyMac customers are now trapped and federally seized.  Since FDIC only insures deposits of up to $100,000, holders of accounts with larger amounts under one social security number (business and/or personal) may consider dispersing funds to safer havens.

[Freakonomics] Julian Zelizer Answers Your Political-History Questions ...: During the 1980’s, conservative Republicans used talked radio to create a public arena for right-wing Americans to voice their ideas and express their criticisms of government. The feature of the web that is distinct is that any person can easily send in posts or emails to express their feelings about what the incoming administration is doing.

[La Daily Musto] New York - My Year With <b>Adam Moss</b>'s <em>New York</em ...: Based in the Bronx, some of the most successful athletes you've never heard of live to run away with your club money

[Mortgage News Clips] MortgageNewsClips: BC For Prez, Home Price Electoral Map, WaMu ...: comments on Indymac Bank and FDIC - Banks, Cash & Labor Day - David R. Kotok - ”¦ That means a $32 billion failure went from not making the list to an FDIC loss of billions in about 100 days.

[Runnin' Scared] New York - Credulous Rightblogger Profiled in <I>Newsweek</I ...: This week Newsweek profiles Erickson, saying he "has grabbed his party's power brokers by their elephant-stitched suspenders." Newsweek also notes RedState's "regular-folks crew" and "community network." RedState is part of Eagle .

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