South State Correspondent

MAY 9, 2023

In the wake of regional bank failures, one potential answer to equity shorting and bank runs is having the FDIC increase deposit insurance. We believe any change to the FDIC insurance coverage should aim to maintain and advance our credit markets. There is no escaping this conclusion: FDIC insurance promotes risk-taking by managers.

FDIC 195

FDIC Regulation Capital Management 195

CFPB Monitor

SEPTEMBER 14, 2020

The two lawsuits filed in federal district court in California by state attorneys general challenging the OCC and FDIC “ Madden fix” final rules will both be heard by Judge Jeffrey S. Judge White was appointed to the federal bench in 2002 by President George W.

FDIC 78

FDIC CA California 78

CFPB Monitor

JULY 22, 2020

Previously, Acting Comptroller of the Currency Brian Brooks indicated that the OCC expected to partner with the FDIC in developing the OCC’s “true lender” rule. Presumably, we will soon see a proposed “true lender” rule from the FDIC. 2002 WL 1205060 (N.D. In Hudson v. Ace Cash Express, Inc.,

National 78

National Lending Exercises FDIC 78

Jeff For Banks

JUNE 2, 2023

By comparison, non-high-tech industries lost 689,000 jobs between 2001 and 2002 but recovered the lost jobs by 2004. Between 1995 and its peak in March 2000, the Nasdaq Composite stock market index rose 800%, only to fall 740% from its peak by October 2002, giving up all its gains during the bubble. High-tech employment fell from 12.1

FDIC 78

FDIC Community Bank Regulation Lending 78

Jeff For Banks

NOVEMBER 6, 2011

From December 31, 2009 through June 30, 2011, deposits for all FDIC insured depositories increased 5.84%. Loans from 2002 through 2007 generally grew faster than FIs'' ability to fund them. FDIC insurance costs, on average, are 12 basis points on deposit balances. At first, senior managers of FIs felt good about the inflow.

Community 67

Community New York FDIC Philadelphia 67

FICO

MAY 25, 2023

This could be achieved with a federal law similar to The Sarbanes-Oxley Act , a 2002 law that aimed at protecting investors by making corporate disclosures more reliable and accurate. Models should be explainable, ethical and responsible, and the data used contains proper provenance, consent and bias controls.

Regulation 52

Regulation San Diego Analytics blockchain 52

Jeff For Banks

JANUARY 3, 2012

During the period 2002-07, when loan growth outpaced the ability to fund it, FIs took on more FHLB borrowings and high cost deposits. What made so many in this group take the perp walk to the FDIC? The logic: blow up the balance sheet, eek out incremental profits, and reduce the E. As mostly always the case, it was bad loans.

Atlanta 91

Atlanta Capital FDIC US 91