She has served as a member of the Commission on Economic Inclusion established by the FDIC.
Current FDIC Chairman Sheila Bair has said in recent weeks she could raise these contributions.
In good times, when the FDIC fund was flush, banks were not required to pay premiums.
It spreads deposits among banks to get full FDIC coverage, which can save investors considerable paperwork.
The FDIC has an online calculator that can help you determine how much coverage you have.
The FDIC keeps a scorecard of sorts in the form of their failed bank list.
Once the split is accomplished, the good bank can be cut loose from FDIC receivership.
It will have all the insured deposits and the FDIC-guaranteed short-term debt as liabilities.
Rather than taking over and running banks, the FDIC should split each bank into two parts.
This is what has been happening in most FDIC-led receiverships in the U.S. in recent years.
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As of September of last year, that ratio was 57%, according to the FDIC.
"More banks will come on the list as credit problems worsen, " says FDIC Chairwoman Sheila Bair.
The FDIC will also expand deposit insurance for non-interest-bearing transaction accounts used by many small businesses.
Commercial banks such as Citi FX Pro offer FDIC insurance protection and segregation protection in bankruptcy.
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In their article, Wainright and Ziss describe the advantages the FDIC has compared to other plaintiffs.
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The FDIC also has authorized seven fidelity bond, attorney malpractice, and appraiser malpractice lawsuits.
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The FDIC can also claim sovereign immunity based on the Federal Tort Claims Act (FTCA).
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While she was there, she served on the FDIC's advisory committee on banking policy.
However, both the FDIC and Consumer Reports warn of consumers of the dangers of prepaid cards.
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Why couldn't the Treasury Department or the Federal Reserve simply have advanced money to the FDIC?
Its goal was to reduce discrimination against people in low-income neighborhoods by FDIC banks.
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Glass-Steagall had kept regulation and FDIC insurance quarantined to a small part of the financial markets.
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The FDIC is currently running a little short, and is borrowing to supplement its fund.
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These are banks that are being used by the FDIC as consolidators following Bank Failure Friday.
Only 25 banks failed in 2008 as the FDIC was slow closing community and regional banks.
One of my predictions for 2010 was that the FDIC would close at least 150 banks.
Under Dodd-Frank, these larger regional players would contribute larger assessments to the FDIC Deposit Insurance Fund.
Equity-linked CDs are issued by a bank, so return of principal is guaranteed by the FDIC.
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The loans would be purchased through an FDIC program and the securities through a Fed program.
So by raising the caps, the FDIC will likely also have to increase its premiums.
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