Tag Archives: FDIC

Fed report: No politics in shutdown of bank run by Senate candidate’s family

Daniel Ray

Banking regulators did everything by the book in closing down the bank run by the family of Alexi Giannoulias, the Democratic candidate for President Obama’s old seat in the U.S. Senate.

Politics played no role in the timing of the April closing of Broadway Bank in Chicago, a Federal Deposit Insurance Corporation investigation concluded.
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FDIC: Southeast falls furthest behind in credit card bills

Jeremy Simon

The FDIC’s latest quarterly report shows that all lending suffering increased delinquency and defaults, including credit card debt. But it’s not evenly distributed: Someone in the Southeast is twice as likely to be late on a card bill.
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Las Vegas flunks debt report card

Men’s Health put together a list of cities in its November issue with the worst personal debt, “Is Your City A Debt Trap?” and gave grades from A+ to F.
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