Posts Tagged ‘FDIC data’
After Weeks of Howling by MAGA Republicans for the Chair of the FDIC “to Resign,” a Democrat Delivers the Decisive Stab in the Back HNewsWire: By Pam Martens and Russ Martens, Senator Sherrod Brown (left); Outgoing FDIC Chair Martin Gruenberg (right) Yesterday, at 10:08 a.m., Senator Sherrod Brown, a Democrat from Ohio and the Chair of…
BanksterCrime: These FDIC-Insured Banks Have Lost 69 to 40 Percent of their Market Value Year-to-Date By Pam Martens and Russ Martens: August 13, 2024 ~ Here’s a look at three FDIC-insured banks that have lost 69 percent, 57 percent and 40 percent, respectively, of their share price year-to-date. The decline represents the change from their share…
Banks in Trouble: The 25 Largest U.S. Banks Are Seeing the Largest Fall in Deposits in 38 Years With No Signs of Letting Up
BanksterCrime: By Pam Martens and Russ Martens: August 7, 2023 ~ Deposits at the 25-largest domestically-chartered U.S. commercial banks peaked at $11.680 trillion on April 13, 2022, according to the updated H.8 data maintained at the Federal Reserve Economic Database (FRED). As of the most current H.8 data for the week ending on Wednesday, July 26,…
Sexual Harassment at FDIC, Banking Rules Have Changed–America’s “Moral Authority”? What Does That Even Mean Anymore?
BanksterCrime: By Pam Martens and Russ Martens: Senator Cynthia Lummis (R-WY) Last Tuesday the U.S. Senate Banking Committee convened for a hearing to take testimony from the key federal banking regulators – ostensibly to get more clarity on why the second, third and fourth largest bank failures in U.S. history had occurred this past Spring and…
Another FDIC-Insured Bank Is Teetering, Closing at 27-1/2 Cents Yesterday, Down 96 Percent in a Year
BanksterCrime: By Pam Martens and Russ Martens: September 14, 2023 ~ There may be a lesson here: don’t put the word “Republic” in the name of your bank; don’t hold a lot of uninsured deposits; and don’t have wads of unrealized losses on your investment securities. If those lessons sound familiar, it’s because they played out in…
FDIC Releases a New Problem Bank List: It’s an Exercise in Fantasy
BanksterCrime:: By Pam Martens and Russ Martens: Last Thursday, the Federal Deposit Insurance Corporation (FDIC) released its Quarterly Banking Profile for the quarter ending June 30, 2023. The report includes the FDIC’s Problem Bank List. While the actual names of the problem banks aren’t provided, the total assets listed provide an indication of whether any large…