The Sunshine Report

Category Archive: FDIC

1. If They Weren’t Stress Testing Banks What Were They Doing All These Years?

   3 Post on February 22, 2009

   It is amaz­ing that Geithner’s pro­posal to “stress test” banks is mak­ing news as new pol­icy. After all, reg­u­la­tors were sup­posed to be doing this all along. After the last bank­ing cri­sis in the 1980s bank­ing reg­u­la­tors got the author­ity to antic­i­pate cap­i­tal short­falls as well as oper­a­tional defi­cien­cies. When prob­lems are iden­ti­fied reg­u­la­tors are […] [read full story]

   Posted in: BANKS, economy, FDIC, Finance, Obama, Public Policy, REGULATION, Regulatory Reform, Timothy Geithner, Treasury

2. FDIC Insurance limits – I have to eat some humble pie!!" rel="bookmark">FDIC Insurance limits – I have to eat some humble pie!!

   0 Post on October 1, 2008

   Today I have to eat some hum­ble pie. I was wrong in my blog over the week­end about why we didn’t need an increase in FDIC deposit insur­ance lim­its. I clearly did not under­stand that such an increase is a good idea because it would pro­vide the “grease” nec­es­sary to lubri­cate Con­gress and pass the Paul­son plan. […] [read full story]

   Posted in: BANKS, economy, FDIC, Finance, Paulson

3. TV Screaming Heads Say “Expand FDIC Insurance Now Or Else!” – Sunshine Says “Wait A Minute, There Are Alternatives. This Isn’t Necessary.”" rel="bookmark">TV Screaming Heads Say “Expand FDIC Insurance Now Or Else!” – Sunshine Says “Wait A Minute, There Are Alternatives. This Isn’t Necessary.”

   0 Post on September 28, 2008

   The newest dis­cov­ery of TV “scream­ing heads” is that FDIC insur­ance lim­its are caus­ing a quiet run on cer­tain weak banks by large depos­i­tors. The scream­ers tell us that sud­denly cor­po­rate depos­i­tors have dis­cov­ered that keep­ing large deposits at weak banks is risky. They shout that BoA, Wells Fargo, US Bank and JP Mor­gan are […] [read full story]

   Posted in: BANKS, FDIC, Finance, Promontory Interfinancial Network