﻿<?xml version="1.0" encoding="utf-8"?><rss version="2.0"><channel><title>bank failure news stories on Newser</title><description>Read more bank failure stories on Newser</description><link>http://www.newser.com/taggrid/24289/bank-failure.html</link><copyright>2009 - Newser</copyright><language>en-us</language><generator>Newser Feed Generator</generator><pubDate>Tue, 24 Nov 2009 9:11:27 CST</pubDate><item><guid isPermaLink="true">http://www.newser.com/story/74369/danger-signs-ignored-at-failed-banks.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</guid><title>Danger Signs Ignored at Failed Banks</title><description>"Post-mortems" on banks that failed during the financial crisis are exposing serious misjudgment by state and federal regulators. Inspectors-general are finding at bank after bank that regulators were aware that risky and potentially toxic loans were being made while the economy was booming, but failed to take action, the New...</description><link>http://www.newser.com/story/74369/danger-signs-ignored-at-failed-banks.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</link><pubDate>Thu, 19 Nov 2009 3:43:11 CST</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/73288/sorry-fdic-cant-guarantee-interest-on-that-cd.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</guid><title>Sorry, FDIC Can't Guarantee Interest on That CD</title><description>There’s a little-publicized part of your bank deposit the FDIC doesn’t insure, and it’s driving scrupulous savers up the wall. The logic is simple enough: When the FDIC takes over a failed bank and resells its assets, it allows buyers to alter interest rates, particularly on CDs. This actually makes...</description><link>http://www.newser.com/story/73288/sorry-fdic-cant-guarantee-interest-on-that-cd.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</link><pubDate>Wed, 04 Nov 2009 9:38:29 CST</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/70634/as-failures-mount-fdic-asks-banks-to-prepay.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</guid><title>As Failures Mount, FDIC Asks Banks to Prepay</title><description>The FDIC is set to ask banks to prepay three years of fees to replenish its coffers after a wave of bank failures, estimated to cost as much as $100 billion. Banks would be asked to prepay $45 billion of their quarterly assessments, but they wouldn't have to report the...</description><link>http://www.newser.com/story/70634/as-failures-mount-fdic-asks-banks-to-prepay.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</link><pubDate>Wed, 30 Sep 2009 7:03:27 CDT</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/69979/fdic-may-borrow-billions-from-banks.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</guid><title>FDIC May Borrow Billions From Banks</title><description>After a year of government bailing out the banks, now the banks may bail out the government. Regulators are considering a plan for the FDIC, which protects bank depositors, to borrow billions from healthy banks, enabling the fund to refresh its accounts after a wave of bank failures. Banks and...</description><link>http://www.newser.com/story/69979/fdic-may-borrow-billions-from-banks.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</link><pubDate>Tue, 22 Sep 2009 6:37:54 CDT</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/67448/troubled-securities-threaten-to-drown-banks.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</guid><title>Troubled Securities Threaten to Drown Banks</title><description>Bad loans have been killing off banks at the fastest rate in 17 years—but now, securities purchased from other banks are a mounting threat, the Wall Street Journal reports. Thousands of banks nabbed securities dependent on mortgages and the financial industry. “Under most scenarios, they were good and prudent...</description><link>http://www.newser.com/story/67448/troubled-securities-threaten-to-drown-banks.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</link><pubDate>Fri, 21 Aug 2009 10:48:12 CDT</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/66980/southern-lender-becomes-years-biggest-bank-failure.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</guid><title>Southern Lender Becomes Year's Biggest Bank Failure</title><description>Alabama's Colonial Bank has collapsed in the sixth-biggest bank failure in American history, the Wall Street Journal reports. The lender, which had assets of $25 billion and 346 branches in five southern states, was an aggressive mortgage lender in overheated markets like Florida, and its failure will cost the FDIC...</description><link>http://www.newser.com/story/66980/southern-lender-becomes-years-biggest-bank-failure.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</link><pubDate>Sat, 15 Aug 2009 5:59:56 CDT</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/64633/its-economy-in-ruins-iceland-votes-to-join-the-eu.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</guid><title>Its Economy in Ruins, Iceland Votes to Join the EU</title><description>Iceland held fast to its independence as it rocketed to become one of the world's richest nations. But after a spectacular bust that decimated its currency and felled its government, the island nation has voted to join the EU. The accession plans are a victory for the country's new PM,...</description><link>http://www.newser.com/story/64633/its-economy-in-ruins-iceland-votes-to-join-the-eu.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</link><pubDate>Fri, 17 Jul 2009 7:09:58 CDT</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/59807/feds-seize-florida-bank-in-49b-bust.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</guid><title>Feds Seize Florida Bank in $4.9B Bust</title><description>Florida's BankUnited went bust yesterday as the FDIC seized the critically undercapitalized bank and sold it off to a private-equity team including Blackstone, reports the Wall Street Journal . BankUnited's troubles stemmed from overeager moves in the housing market. It specialized in loans for foreigners wanting to buy Florida property. After...</description><link>http://www.newser.com/story/59807/feds-seize-florida-bank-in-49b-bust.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</link><pubDate>Fri, 22 May 2009 5:05:38 CDT</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/58423/time-to-stress-out-about-stress-tests.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</guid><title>Time to Stress Out About Stress Tests</title><description>Sure, yesterday's release of the stress tests' results felt pretty anti-climatic. But while bankers might be reassured, Americans have no reason to be, writes Paul Krugman. For the New York Times columnist, the less-than-rigorous stress tests are part and parcel of an Obama administration strategy to "muddle through the financial...</description><link>http://www.newser.com/story/58423/time-to-stress-out-about-stress-tests.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</link><pubDate>Fri, 08 May 2009 7:22:43 CDT</pubDate></item></channel></rss>