Business
The heads of two major trade organizations, outlining proposals for shoring up the federal fund that insures S&L; deposits, Tuesday called for creation of new corporations to handle the assets of failed savings institutions.
Sept. 11, 1985
The collapse of the savings-and-loan industry is already the most costly regulatory failure in the world.
June 24, 1990
Politics
The Bush Administration recently presented Congress with the most important banking legislation of the last 50 years.
July 14, 1991
Opinion
After Silicon Valley Bank’s collapse, the government protected depositors. There’s a better way to protect regional banks in trouble.
March 23, 2023
California
Capistrano National Bank of Santa Ana was declared insolvent and closed Friday by the U.S. comptroller of the currency, becoming the third California bank and the 22nd nationally to fail this year.
April 6, 1985
The Federal Home Loan Bank Board received a formal proposal from the savings and loan industry Wednesday that outlines the financing, management and other details of a new government agency designed to liquidate problem loans of failed S&Ls.; The proposal is, in effect, a bail-out plan for the Federal Savings and Loan Insurance Corp., the understaffed and underfunded agency known as FSLIC that liquidates insolvent S&Ls; and insures customer deposits up to $100,000 per account.
Oct. 3, 1985
Question: All of our retirement money is in a savings account.
Aug. 28, 1986
World & Nation
FDIC Chief Urges Deposit Insurance Reform: Depositors should be required to pick up more of the cost when financial institutions fail, L.
Feb. 22, 1990
Sometimes history does repeat.
Sept. 28, 1988
When Bank of New England was seized Sunday, the Federal Deposit Insurance Corp. extended full coverage to all accounts--including about $2 billion held in accounts above the $100,000 limit.
Jan. 8, 1991