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Sheila Bair at UMass

March 28, 2009 By davemb

The most interesting question, I thought, was from a woman who asked why Bair acted competently and effectively in the crisis when the rest of the Bush financial leadership did not.  Bair didn't really answer, but a good answer was … [Read more...]

Filed Under: User Tagged With: fdic, financial-crisis, national, sheila-bair, umass

Bad Boys at AIG at it again

March 20, 2009 By woburndem

Well I am not sure if anyone else missed this little gem of a news blurb but it seems in February AIG filed a law suit against the IRS for a refund of a tax claim related to off shore accounts. http://www.boston.com/business... You may want … [Read more...]

Filed Under: User Tagged With: aig, bad-banks, bailout, edward-liddy, fdic, obama.-fed

New FDIC Coverage – is it real?

October 3, 2008 By Laurel

As I understand it, the bailout bill passed today increases FDIC insurance of cash bank deposits from $100,000 to $250,000. My question: is this effectively a scam?  I mean, where is the money coming from to cover this insurance … [Read more...]

Filed Under: User Tagged With: fdic

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