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Daily Archives: March 24, 2013
The history of deposit insurance in America
Recent turmoil in Cyprus has focused the world’s attention on the issue of deposit insurance and what portion of bank deposits can or should be held harmless in a bank insolvency. Financial author Roger Lowenstein (When Genius Failed) reminds us … Continue reading
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Sheila Bair on JP Morgan “whale” hearings
The former FDIC chair joins Bill to talk about American banks’ manipulative practices and seeming immunity from real scrutiny or prosecution.Here is a direct link.
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