<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"><channel><title>Sheila Bair: News &amp; Videos about Sheila Bair - CNN.com</title><link>http://topics.edition.cnn.com/topics/feeds/rss/Sheila_Bair</link><description>Find stories, videos, and photos about Sheila Bair from CNN.com.</description><language>en-us</language><copyright>Cable News Network LP, LLLP.</copyright><pubDate>Thu, 26 Nov 2009 01:04:43 GMT</pubDate><ttl>5</ttl><image><title>Sheila Bair: News &amp; Videos about Sheila Bair - CNN.com</title><url>http://i.cdn.turner.com/cnn/.element/img/1.0/logo/cnn.logo.rss.gif</url><link>http://topics.edition.cnn.com/topics/feeds/rss/Sheila_Bair</link><width>144</width><height>33</height><description>Find stories, videos, and photos about Sheila Bair from CNN.com.</description></image><item><title>Bank 'problem' list climbs to 552</title><link>http://money.cnn.com/2009/11/24/news/companies/fdic_list/index.htm</link><guid>http://money.cnn.com/2009/11/24/news/companies/fdic_list/index.htm</guid><description>Despite the frenetic pace of bank failures this year, 552 lenders are still at risk of going under, according to a government report published Tuesday.</description><pubDate>Tue, 24 Nov 2009 18:17:00 EST</pubDate></item><item><title>Bank failures stack up: Now 106 for 2009</title><link>http://money.cnn.com/2009/10/23/news/economy/bank_failure/index.htm</link><guid>http://money.cnn.com/2009/10/23/news/economy/bank_failure/index.htm</guid><description>The tally of bank failures easily broke past the No. 100 milestone on Friday night, with regulators announcing the year's 106th closure.</description><pubDate>Sat, 24 Oct 2009 00:14:00 EDT</pubDate></item><item><title>FDIC bank fund in the red until 2012</title><link>http://money.cnn.com/2009/10/14/news/companies/fdic_deposit_fund/index.htm</link><guid>http://money.cnn.com/2009/10/14/news/companies/fdic_deposit_fund/index.htm</guid><description>The government insurance fund designed to protect consumer bank deposits will likely stay in the red through 2012, Federal Deposit Insurance Corp. chief Sheila Bair said Wednesday.</description><pubDate>Wed, 14 Oct 2009 19:48:00 EDT</pubDate></item><item><title>Congress is riled up - Overdraft fees</title><link>http://money.cnn.com/2009/10/07/news/economy/overdraft_fees/index.htm</link><guid>http://money.cnn.com/2009/10/07/news/economy/overdraft_fees/index.htm</guid><description>A new battle is brewing in Congress, riding the same populist wave that pitted banks against consumers on credit card fees earlier this year.</description><pubDate>Wed, 07 Oct 2009 14:34:00 EDT</pubDate></item><item><title>FDIC asks banks for help</title><link>http://money.cnn.com/2009/09/29/news/fdic.restoration.fortune/index.htm</link><guid>http://money.cnn.com/2009/09/29/news/fdic.restoration.fortune/index.htm</guid><description>The banking bust is getting mighty costly.</description><pubDate>Tue, 29 Sep 2009 16:06:00 EDT</pubDate></item><item><title>Bank bailout problem: No easy answers</title><link>http://money.cnn.com/2009/09/25/news/fdic_fund.fortune/index.htm</link><guid>http://money.cnn.com/2009/09/25/news/fdic_fund.fortune/index.htm</guid><description>It's time for Sheila Bair to stop worrying about bailout politics and hit Uncle Sam up for some dough.</description><pubDate>Tue, 29 Sep 2009 10:46:00 EDT</pubDate></item><item><title>In bid for Guaranty Bank, FDIC gave foreign bank an edge</title><link>http://money.cnn.com/2009/09/24/news/companies/fdic_guaranty_bank.fortune/index.htm</link><guid>http://money.cnn.com/2009/09/24/news/companies/fdic_guaranty_bank.fortune/index.htm</guid><description>One of the fundamental tenets of a free market is that in an auction the rules of the game should not give one bidder a fundamental advantage over another bidder. Sadly, that may not have been the case last month when the FDIC oversaw the sale of Texas-based Guaranty Bank. On August 21, Sheila Bair, the chair of the FDIC, declared Spain's second-largest bank -- Banco Bilbao Vizcaya Argentaria SA -- the winner of a spirited auction to buy Guaranty Bank instead of a consortium of U.S. investors including Blackstone Group and TPG.</description><pubDate>Thu, 24 Sep 2009 14:14:00 EDT</pubDate></item><item><title>Bank failure toll reaches 94</title><link>http://money.cnn.com/2009/09/18/news/economy/bank_failures/index.htm</link><guid>http://money.cnn.com/2009/09/18/news/economy/bank_failures/index.htm</guid><description>Regulators closed subsidiaries of Irwin Financial Corporation in Kentucky and Indiana Friday, bringing the total number of bank failures this year to 94, according to the Federal Deposit Insurance Corp.</description><pubDate>Fri, 18 Sep 2009 22:21:00 EDT</pubDate></item><item><title>Preparing for a major bank shakeout</title><link>http://money.cnn.com/2009/08/27/news/overbanked.fortune/index.htm</link><guid>http://money.cnn.com/2009/08/27/news/overbanked.fortune/index.htm</guid><description>The problem bank list is just about the only part of the industry that's growing right now.</description><pubDate>Fri, 28 Aug 2009 07:45:00 EDT</pubDate></item><item><title>Problem bank list tops 400</title><link>http://money.cnn.com/2009/08/27/news/companies/fdic_list/index.htm</link><guid>http://money.cnn.com/2009/08/27/news/companies/fdic_list/index.htm</guid><description>The number of institutions on the government's so-called "problem bank" list surpassed 400 in the latest quarter, climbing to its highest level in 15 years, according to a government report published Thursday.</description><pubDate>Thu, 27 Aug 2009 21:52:00 EDT</pubDate></item><item><title>Barbarians back at bank gates</title><link>http://money.cnn.com/2009/08/26/news/economy/banks.private.fortune/index.htm</link><guid>http://money.cnn.com/2009/08/26/news/economy/banks.private.fortune/index.htm</guid><description>Regulators cleaning up after bank failures showed Wednesday how far they're willing to reach out for help.</description><pubDate>Thu, 27 Aug 2009 09:06:00 EDT</pubDate></item><item><title>Financial overhaul: Get ready for a fight</title><link>http://money.cnn.com/2009/06/22/news/economy/obama_financial_overhaul_fight.breakingviews/index.htm</link><guid>http://money.cnn.com/2009/06/22/news/economy/obama_financial_overhaul_fight.breakingviews/index.htm</guid><description>President Barack Obama had better be ready for fisticuffs. Though the administration's plan to overhaul U.S. financial regulation appears designed to avoid some big battles, the president's careful political calculus won't spare him from sparring with lawmakers and financial firms.</description><pubDate>Mon, 22 Jun 2009 15:27:00 EDT</pubDate></item><item><title>FDIC shelves toxic loan plan</title><link>http://money.cnn.com/2009/06/03/news/fdic.toxicity.fortune/index.htm</link><guid>http://money.cnn.com/2009/06/03/news/fdic.toxicity.fortune/index.htm</guid><description>Regulators shelved a controversial plan that aimed to cleanse banks' balance sheets of toxic assets.</description><pubDate>Wed, 03 Jun 2009 21:18:00 EDT</pubDate></item><item><title>Problem bank list tops 300</title><link>http://money.cnn.com/2009/05/27/news/companies/fdic_profile/index.htm</link><guid>http://money.cnn.com/2009/05/27/news/companies/fdic_profile/index.htm</guid><description>The government's list of troubled banks swelled in the first quarter, climbing to its highest level in nearly 15 years, regulators said Wednesday.</description><pubDate>Wed, 27 May 2009 15:57:00 EDT</pubDate></item><item><title>For small banks, it's eat or get eaten</title><link>http://money.cnn.com/2009/05/21/news/companies/bank_consolidation/index.htm</link><guid>http://money.cnn.com/2009/05/21/news/companies/bank_consolidation/index.htm</guid><description>Don't look now, but the nation's banking industry is about to get a whole lot smaller.</description><pubDate>Thu, 21 May 2009 10:00:00 EDT</pubDate></item><item><title>Score one for the small banks</title><link>http://money.cnn.com/2009/05/20/news/small.banks.fdic.fortune/index.htm</link><guid>http://money.cnn.com/2009/05/20/news/small.banks.fdic.fortune/index.htm</guid><description>Big banks aren't the only ones with powerful lobbyists that know how to pull strings in Washington.</description><pubDate>Wed, 20 May 2009 19:56:00 EDT</pubDate></item><item><title>Banks drop FDIC crutch</title><link>http://money.cnn.com/2009/05/12/news/fdic.guarantee.fortune/index.htm</link><guid>http://money.cnn.com/2009/05/12/news/fdic.guarantee.fortune/index.htm</guid><description>Banks lining up to repay bailout funds are easing away from the Federal Deposit Insurance Corp.'s debt insurance plan, a program that helped banks through last fall's financial storm -- and has made money for the FDIC to boot.</description><pubDate>Tue, 12 May 2009 19:18:00 EDT</pubDate></item><item><title>FDIC's Bair: No bank is too big to fail</title><link>http://money.cnn.com/2009/04/27/news/companies/fdic_bair/index.htm</link><guid>http://money.cnn.com/2009/04/27/news/companies/fdic_bair/index.htm</guid><description>Federal Deposit Insurance Corp. chief Sheila Bair reiterated calls for creating a system that would allow regulators to dismantle a large financial institution.</description><pubDate>Mon, 27 Apr 2009 19:59:00 EDT</pubDate></item><item><title>Fed pulls back curtain slightly on stress tests</title><link>http://money.cnn.com/2009/04/24/news/companies/stress_test/index.htm</link><guid>http://money.cnn.com/2009/04/24/news/companies/stress_test/index.htm</guid><description>Top banking regulators offered a detailed view Friday into the workings of an Obama administration program aimed at assessing the health of the nation's largest banks.</description><pubDate>Fri, 24 Apr 2009 19:43:00 EDT</pubDate></item><item><title>Pssst - wanna buy a toxic asset?</title><link>http://money.cnn.com/2009/04/15/news/economy/consumer_toxic_assets/index.htm</link><guid>http://money.cnn.com/2009/04/15/news/economy/consumer_toxic_assets/index.htm</guid><description>Consumers take heed: You too might be able to buy a piece of a government subsidized toxic bank asset. Whether you should is another question.</description><pubDate>Wed, 15 Apr 2009 20:21:00 EDT</pubDate></item><item><title>FDIC chair: Bank saver by day, children's writer by night</title><link>http://edition.cnn.com/2009/POLITICS/04/08/sheila.bair/index.html#cnnSTCText</link><guid>http://edition.cnn.com/2009/POLITICS/04/08/sheila.bair/index.html#cnnSTCText</guid><description>Sheila Bair, chairman of the Federal Deposit Insurance Corporation, is one of the few women in the generals' tent of the nation's economic war.</description><pubDate>Wed, 08 Apr 2009 23:29:00 EDT</pubDate></item><item><title>How to really help troubled homeowners</title><link>http://money.cnn.com/2009/04/03/news/economy/loan_modifications/index.htm</link><guid>http://money.cnn.com/2009/04/03/news/economy/loan_modifications/index.htm</guid><description>It may seem obvious: Increasing how much troubled borrowers pay on their mortgage leads to redefaults. But that didn't stop America's banks.</description><pubDate>Fri, 03 Apr 2009 17:10:00 EDT</pubDate></item><item><title>Taxing times for the FDIC</title><link>http://money.cnn.com/2009/03/25/news/fdic.hands.full.fortune/index.htm</link><guid>http://money.cnn.com/2009/03/25/news/fdic.hands.full.fortune/index.htm</guid><description>Sheila Bair's band of bank watchdogs is about to get even busier.</description><pubDate>Thu, 26 Mar 2009 09:50:00 EDT</pubDate></item><item><title>Bernanke defends big bank bailouts</title><link>http://money.cnn.com/2009/03/20/news/companies/bankers_meeting/index.htm</link><guid>http://money.cnn.com/2009/03/20/news/companies/bankers_meeting/index.htm</guid><description>Federal Reserve Chairman Ben Bernanke responded to ongoing criticism of the government's efforts to keep alive institutions it has deemed "too big to fail," saying that this is an "enormous problem" that needs to be addressed.</description><pubDate>Fri, 20 Mar 2009 17:48:00 EDT</pubDate></item><item><title>Problem bank list tops 250</title><link>http://money.cnn.com/2009/02/26/news/companies/fdic_banks/index.htm</link><guid>http://money.cnn.com/2009/02/26/news/companies/fdic_banks/index.htm</guid><description>The government's closely watched list of troubled banks grew during the fourth quarter to its highest level since 1994, regulators said Thursday.</description><pubDate>Thu, 26 Feb 2009 20:49:00 EST</pubDate></item><item><title>Obama expected to announce foreclosure plan</title><link>http://edition.cnn.com/2009/POLITICS/02/17/obama.foreclosures/index.html#cnnSTCText</link><guid>http://edition.cnn.com/2009/POLITICS/02/17/obama.foreclosures/index.html#cnnSTCText</guid><description>President Obama on Wednesday will visit Phoenix, Arizona, one of the cities hardest hit with foreclosures, where he's expected to outline a $50 billion to $100 billion plan to help homeowners.</description><pubDate>Tue, 17 Feb 2009 16:11:00 EST</pubDate></item><item><title>Mortgage help gains momentum</title><link>http://money.cnn.com/2009/01/09/news/economy/stimulus_housing/index.htm</link><guid>http://money.cnn.com/2009/01/09/news/economy/stimulus_housing/index.htm</guid><description>There are many ways to spend $800 billion to revive the economy. In recent days, President-elect Barack Obama has ticked off many of them: invest in infrastructure projects, help states pay for Medicaid, cut taxes on the middle class, expand use of renewable energy.</description><pubDate>Fri, 09 Jan 2009 18:04:00 EST</pubDate></item><item><title>Investors to buy IndyMac - $13.9B</title><link>http://money.cnn.com/2009/01/02/news/companies/indymac/index.htm</link><guid>http://money.cnn.com/2009/01/02/news/companies/indymac/index.htm</guid><description>The Federal Deposit Insurance Corp. announced Friday that it had struck a deal to sell failed mortgage lender IndyMac to a group of private investment firms for $13.9 billion.</description><pubDate>Fri, 02 Jan 2009 23:29:00 EST</pubDate></item><item><title>FDIC is set to sell IndyMac</title><link>http://money.cnn.com/2008/12/29/news/companies/indymac/index.htm</link><guid>http://money.cnn.com/2008/12/29/news/companies/indymac/index.htm</guid><description>A group of investors is on the verge of buying the one of the nation's largest failed banks.</description><pubDate>Mon, 29 Dec 2008 23:37:00 EST</pubDate></item><item><title>Why Sheila Bair wants to bail out consumers</title><link>http://money.cnn.com/2008/12/12/news/newsmakers/morris_bair.fortune/index.htm</link><guid>http://money.cnn.com/2008/12/12/news/newsmakers/morris_bair.fortune/index.htm</guid><description>Sheila Bair may now be a lightning rod, but at least she's finally getting some respect.</description><pubDate>Fri, 12 Dec 2008 19:56:00 EST</pubDate></item><item><title>Bill embraces FDIC loan modification plan</title><link>http://money.cnn.com/2008/12/10/news/economy/waters_loan_mods/index.htm</link><guid>http://money.cnn.com/2008/12/10/news/economy/waters_loan_mods/index.htm</guid><description>With the Bush administration refusing to enact FDIC Chairwoman Sheila Bair's controversial loan modification plan, lawmakers are taking matters into their own hands.</description><pubDate>Wed, 10 Dec 2008 18:54:00 EST</pubDate></item><item><title>Half of 'rescued' borrowers still default</title><link>http://money.cnn.com/2008/12/08/news/economy/mortgage_summit/index.htm</link><guid>http://money.cnn.com/2008/12/08/news/economy/mortgage_summit/index.htm</guid><description>More than half of delinquent homeowners whose mortgages were modified earlier this year ended up redefaulting within six months, a top bank regulator said Monday.</description><pubDate>Tue, 09 Dec 2008 22:11:00 EST</pubDate></item><item><title>No blank check for Paulson</title><link>http://money.cnn.com/2008/12/09/markets/thebuzz/index.htm</link><guid>http://money.cnn.com/2008/12/09/markets/thebuzz/index.htm</guid><description>Whether you love or hate the idea of Washington loaning the Big Three money, the government has learned its lessons from the mistakes of the bank rescue plan and has crafted a better bailout for the automakers.</description><pubDate>Tue, 09 Dec 2008 18:06:00 EST</pubDate></item><item><title>Picking a loan modification plan</title><link>http://money.cnn.com/2008/12/03/pf/saving/toptips/index.htm</link><guid>http://money.cnn.com/2008/12/03/pf/saving/toptips/index.htm</guid><description>Loan modifications for homeowners in trouble: there are a lot of proposals out there. But what's the best way to go about reworking your mortgage terms? Here's what you need to know.</description><pubDate>Fri, 05 Dec 2008 17:19:00 EST</pubDate></item><item><title>Plan could help 1.5 million keep homes, FDIC chair says</title><link>http://edition.cnn.com/2008/US/12/04/homeowner.help/index.html#cnnSTCText</link><guid>http://edition.cnn.com/2008/US/12/04/homeowner.help/index.html#cnnSTCText</guid><description>When struggling homeowner Eddie Morrison heard about the government's $700 billion bailout plan for banks and Wall Street firms, he felt left out.</description><pubDate>Fri, 05 Dec 2008 14:11:00 EST</pubDate></item><item><title>FDIC chief: Intervene on foreclosures</title><link>http://money.cnn.com/2008/12/02/real_estate/Bair_on_bailouts/index.htm</link><guid>http://money.cnn.com/2008/12/02/real_estate/Bair_on_bailouts/index.htm</guid><description>The nation's top banking regulator warned Tuesday that help for troubled homeowners is failing to keep pace with the foreclosure crisis.</description><pubDate>Tue, 02 Dec 2008 23:18:00 EST</pubDate></item><item><title>Problem banks rise to 13-year high</title><link>http://money.cnn.com/2008/11/25/news/economy/problem_banks/index.htm</link><guid>http://money.cnn.com/2008/11/25/news/economy/problem_banks/index.htm</guid><description>The government's watch list of problem banks grew staggeringly in the third quarter, according to a government report on the embattled financial sector released Tuesday.</description><pubDate>Tue, 25 Nov 2008 16:22:00 EST</pubDate></item><item><title>FDIC moves in on banks</title><link>http://money.cnn.com/2008/11/24/magazines/fortune/fdic_benner.fortune/index.htm</link><guid>http://money.cnn.com/2008/11/24/magazines/fortune/fdic_benner.fortune/index.htm</guid><description>FDIC chief Sheila Bair has already drawn attention for turning her agency from a regulatory backwater to a force in the reshaping of the financial industry. Now a little-noticed proposal that is close to passing would expand her influence further - and could spell trouble for the sprawling banks that Hank Paulson and Ben Bernanke have said are too big, too connected, and too important to fail.</description><pubDate>Tue, 25 Nov 2008 11:25:00 EST</pubDate></item><item><title>Best housing 'bailout' may be no bailout</title><link>http://money.cnn.com/2008/11/19/real_estate/mortgage_bailout_debate.fortune/index.htm</link><guid>http://money.cnn.com/2008/11/19/real_estate/mortgage_bailout_debate.fortune/index.htm</guid><description>Several mortgage-rescue plans are making the rounds in Washington, but economists say the best approach may be to sit tight.</description><pubDate>Mon, 24 Nov 2008 15:40:00 EST</pubDate></item><item><title>Treasury: $33.6 billion to 21 banks</title><link>http://money.cnn.com/2008/11/17/news/companies/tarp_banks/index.htm</link><guid>http://money.cnn.com/2008/11/17/news/companies/tarp_banks/index.htm</guid><description>The Treasury Department said Monday that it has dispersed $33.56 billion to 21 banks in a second round of payments as part of the $700 billion bailout program designed to boost the nation's banking system.</description><pubDate>Tue, 18 Nov 2008 01:46:00 EST</pubDate></item><item><title>FDIC's Bair pushes aggressive mortgage plan</title><link>http://money.cnn.com/2008/11/14/news/economy/fdic_bair/index.htm</link><guid>http://money.cnn.com/2008/11/14/news/economy/fdic_bair/index.htm</guid><description>In a surprise move, FDIC Chairwoman Sheila Bair Friday unveiled details of her plan to have the government help delinquent homeowners.</description><pubDate>Fri, 14 Nov 2008 21:31:00 EST</pubDate></item><item><title>U.S. mortgage plan falls short</title><link>http://money.cnn.com/2008/11/11/news/economy/gse_plan_analysis/index.htm</link><guid>http://money.cnn.com/2008/11/11/news/economy/gse_plan_analysis/index.htm</guid><description>The federal government's plan to streamline modifications of troubled loans held by Fannie Mae and Freddie Mac won't help the majority of people threatened with foreclosure, experts said.</description><pubDate>Wed, 12 Nov 2008 01:48:00 EST</pubDate></item><item><title>Job No. 1: A new Treasury chief</title><link>http://money.cnn.com/2008/11/04/news/economy/treasury_secretary/index.htm</link><guid>http://money.cnn.com/2008/11/04/news/economy/treasury_secretary/index.htm</guid><description>American voters have chosen the man who will choose the next Treasury Secretary.</description><pubDate>Wed, 05 Nov 2008 20:51:00 EST</pubDate></item><item><title>U.S. weighing new mortgage plan</title><link>http://money.cnn.com/2008/10/30/news/economy/latest_govt_mortgage_plan/index.htm</link><guid>http://money.cnn.com/2008/10/30/news/economy/latest_govt_mortgage_plan/index.htm</guid><description>The government is expected to announce soon that it will devote up to $50 billion to directly address the source of the financial crisis: bad mortgages and millions of homeowners at risk of foreclosure.</description><pubDate>Thu, 30 Oct 2008 22:36:00 EDT</pubDate></item><item><title>The Next Bailout: Helping Homeowners in Distress</title><link>http://www.time.com/time/business/article/0,8599,1854953,00.html?xid=feed-cnn-topics</link><guid>http://www.time.com/time/business/article/0,8599,1854953,00.html?xid=feed-cnn-topics</guid><description>The Bush Administration is working to create a program that would cut down on foreclosures by helping creditworthy borrowers make their monthly mortgage payments</description><pubDate>Thu, 30 Oct 2008 14:00:00 EDT</pubDate></item><item><title>One failed bank gets the housing fix right</title><link>http://money.cnn.com/2008/10/24/real_estate/indymac_solution/index.htm</link><guid>http://money.cnn.com/2008/10/24/real_estate/indymac_solution/index.htm</guid><description>The battered economy is in desperate need of a housing fix, and one failed bank just may have the answer.</description><pubDate>Fri, 24 Oct 2008 20:44:00 EDT</pubDate></item><item><title>For housing, no easy fix</title><link>http://money.cnn.com/2008/10/23/news/housing.fix.fortune/index.htm</link><guid>http://money.cnn.com/2008/10/23/news/housing.fix.fortune/index.htm</guid><description>Calls for a sweeping federal response to the housing mess are getting louder. But finding a solution isn't getting any easier.</description><pubDate>Fri, 24 Oct 2008 13:49:00 EDT</pubDate></item><item><title>New foreclosure plan on tap</title><link>http://money.cnn.com/2008/10/23/news/economy/bair_testimony_tarphomeownerhelp/index.htm</link><guid>http://money.cnn.com/2008/10/23/news/economy/bair_testimony_tarphomeownerhelp/index.htm</guid><description>The federal government, which has been criticized for not doing enough for Main Street while coming to the immediate aid of banks, is working on a new plan to help troubled homeowners.</description><pubDate>Thu, 23 Oct 2008 18:44:00 EDT</pubDate></item><item><title>Low marks for Paulson, bailout</title><link>http://money.cnn.com/2008/10/21/news/economy/paulson_poll/index.htm</link><guid>http://money.cnn.com/2008/10/21/news/economy/paulson_poll/index.htm</guid><description>A majority of Americans aren't happy with the way Treasury Secretary Henry Paulson is handling his job or with the financial rescue package he and Congress created, according to a poll released Wednesday.</description><pubDate>Wed, 22 Oct 2008 10:00:00 EDT</pubDate></item><item><title>Another Try: Will Treasury's New Rescue Plan Work?</title><link>http://www.time.com/time/business/article/0,8599,1850136,00.html?xid=feed-cnn-topics</link><guid>http://www.time.com/time/business/article/0,8599,1850136,00.html?xid=feed-cnn-topics</guid><description>Here we go again. Treasury Secretary Henry Paulson has come before America with a plan to save the financial system. And this time it might work</description><pubDate>Tue, 14 Oct 2008 19:00:00 EDT</pubDate></item><item><title>Wells Fargo, Citibank in Wachovia Standstill</title><link>http://www.time.com/time/business/article/0,8599,1848390,00.html?xid=feed-cnn-topics</link><guid>http://www.time.com/time/business/article/0,8599,1848390,00.html?xid=feed-cnn-topics</guid><description>Citigroup and Wells Fargo agreed Wednesday to extend their legal standstill in the fight for Wachovia until Friday morning</description><pubDate>Wed, 08 Oct 2008 19:00:00 EDT</pubDate></item><item><title>Bailout: Senate to vote Wednesday</title><link>http://money.cnn.com/2008/09/30/news/economy/bailout_tuesday/index.htm</link><guid>http://money.cnn.com/2008/09/30/news/economy/bailout_tuesday/index.htm</guid><description>The Senate plans to vote on the $700 billion bank rescue plan Wednesday evening - two days after the House failed to pass it.</description><pubDate>Wed, 01 Oct 2008 14:54:00 EDT</pubDate></item><item><title>FDIC asks to boost deposit limits</title><link>http://money.cnn.com/2008/09/30/news/economy/fdic_limits/index.htm</link><guid>http://money.cnn.com/2008/09/30/news/economy/fdic_limits/index.htm</guid><description>The federal agency that guarantees bank deposits is asking Congress for temporary authority to raise the limit on the amount of money it insures for individual bank accounts.</description><pubDate>Tue, 30 Sep 2008 23:01:00 EDT</pubDate></item><item><title>JPMorgan buys WaMu</title><link>http://money.cnn.com/2008/09/25/news/companies/JPM_WaMu/index.htm</link><guid>http://money.cnn.com/2008/09/25/news/companies/JPM_WaMu/index.htm</guid><description>JPMorgan Chase acquired the banking assets of Washington Mutual late Thursday after the troubled thrift was seized by federal regulators, marking the biggest bank failure in the nation's history and the latest stunning twist in the ongoing credit crisis.</description><pubDate>Fri, 26 Sep 2008 16:18:00 EDT</pubDate></item><item><title>Wall Street losing faith in banks</title><link>http://money.cnn.com/2008/09/17/news/companies/wamu_banks/index.htm</link><guid>http://money.cnn.com/2008/09/17/news/companies/wamu_banks/index.htm</guid><description>A day after the historic takeover of AIG and two days after the bankruptcy of Lehman Brothers, investors seemed to be betting that commercial banks are the next shoe to drop in the financial crisis.</description><pubDate>Thu, 18 Sep 2008 12:25:00 EDT</pubDate></item><item><title>Lenders to FHA: Thanks but no thanks for your help</title><link>http://money.cnn.com/2008/09/17/real_estate/Hope_for_homeowners_hearing/index.htm</link><guid>http://money.cnn.com/2008/09/17/real_estate/Hope_for_homeowners_hearing/index.htm</guid><description>As part of the massive housing rescue bill passed by Congress in July, troubled borrowers will be able to refinance their home loans with the backing of the Federal Housing Authority (FHA) starting on October 1.</description><pubDate>Wed, 17 Sep 2008 20:02:00 EDT</pubDate></item><item><title>Problem bank list keeps growing</title><link>http://money.cnn.com/2008/08/26/news/economy/fdic_banks/index.htm</link><guid>http://money.cnn.com/2008/08/26/news/economy/fdic_banks/index.htm</guid><description>The number of troubled banks on the government's watch list grew dramatically last quarter.</description><pubDate>Wed, 27 Aug 2008 14:19:00 EDT</pubDate></item><item><title>FDIC: Bank Profits Fell 86% in 2Q
</title><link>http://www.time.com/time/business/article/0,8599,1836271,00.html?xid=feed-cnn-topics</link><guid>http://www.time.com/time/business/article/0,8599,1836271,00.html?xid=feed-cnn-topics</guid><description>Federal regulators say U.S. banking industry profits plunged by 86 percent in the second quarter, as slumps in the housing and credit markets continued</description><pubDate>Tue, 26 Aug 2008 20:00:00 EDT</pubDate></item><item><title>US regulators shut Kansas bank</title><link>http://money.cnn.com/2008/08/23/news/companies/kansasbank_closure/index.htm</link><guid>http://money.cnn.com/2008/08/23/news/companies/kansasbank_closure/index.htm</guid><description>Federal regulators on Friday shut down Kansas bank Columbian Bank and Trust Company, which was struggling with losses on soured real estate loans.</description><pubDate>Sat, 23 Aug 2008 12:16:00 EDT</pubDate></item><item><title>IndyMac borrowers to get relief</title><link>http://money.cnn.com/2008/08/20/real_estate/fdic_indymac_mods/index.htm</link><guid>http://money.cnn.com/2008/08/20/real_estate/fdic_indymac_mods/index.htm</guid><description>The FDIC, six weeks after taking over mortgage lender IndyMac Bank, said Wednesday that it will start systematically modifying some of the bank's most troubled loans to keep borrowers in their homes.</description><pubDate>Wed, 20 Aug 2008 21:46:00 EDT</pubDate></item><item><title>Saving IndyMac's mortgages</title><link>http://money.cnn.com/2008/07/17/news/economy/indymac_mortgages/index.htm</link><guid>http://money.cnn.com/2008/07/17/news/economy/indymac_mortgages/index.htm</guid><description>When FDIC Chairwoman Sheila Bair swooped in on Friday and took over IndyMac Bank, she became steward to billions of dollars in customer savings deposits. She also inherited $200 billion worth of home mortgages - a sizable number of which are in trouble.</description><pubDate>Thu, 17 Jul 2008 16:29:00 EDT</pubDate></item><item><title>FDIC: Nation's Bank Deposits are Safe</title><link>http://www.time.com/time/business/article/0,8599,1822951,00.html?xid=feed-cnn-topics</link><guid>http://www.time.com/time/business/article/0,8599,1822951,00.html?xid=feed-cnn-topics</guid><description>The nation's banking system is "absolutely safe" and Americans' insured deposits in banks protected, the head of the Federal Deposit Insurance Corporation said Tuesday</description><pubDate>Tue, 15 Jul 2008 18:40:00 EDT</pubDate></item><item><title>Analysts: Most banks are safe</title><link>http://money.cnn.com/2008/07/14/news/companies/bank_failures/index.htm</link><guid>http://money.cnn.com/2008/07/14/news/companies/bank_failures/index.htm</guid><description>IndyMac's startling collapse last week sparked fears that other institutions could follow suit. Yet, several veteran banking analysts say that there won't be nearly as many bank collapses as there were in the late 1980s and early 1990s.</description><pubDate>Mon, 14 Jul 2008 20:36:00 EDT</pubDate></item><item><title>The fall of IndyMac</title><link>http://money.cnn.com/2008/07/12/news/companies/indymac_fdic/index.htm</link><guid>http://money.cnn.com/2008/07/12/news/companies/indymac_fdic/index.htm</guid><description>In what could turn out to be the most expensive bank failure ever, troubled mortgage lender IndyMac Bancorp Inc. was taken over by federal regulators on Friday.</description><pubDate>Sun, 13 Jul 2008 21:32:00 EDT</pubDate></item><item><title>IndyMac: Your money is safe - FDIC</title><link>http://money.cnn.com/2008/07/13/news/economy/indymac_fdicstatement/index.htm</link><guid>http://money.cnn.com/2008/07/13/news/economy/indymac_fdicstatement/index.htm</guid><description>The FDIC stressed Sunday that the takeover of failed bank IndyMac is largely a "non-event" for most customers.</description><pubDate>Sun, 13 Jul 2008 21:28:00 EDT</pubDate></item><item><title>Regulators seize troubled IndyMac</title><link>http://money.cnn.com/2008/07/11/news/companies/indymac_fdic/index.htm</link><guid>http://money.cnn.com/2008/07/11/news/companies/indymac_fdic/index.htm</guid><description>In what could turn out to be the most expensive bank failure ever, troubled mortgage lender IndyMac Bank was taken over by federal regulators on Friday.</description><pubDate>Sat, 12 Jul 2008 03:03:00 EDT</pubDate></item><item><title>Regulators give bleak forecast for banks</title><link>http://money.cnn.com/2008/06/05/news/companies/banking_hearing/index.htm</link><guid>http://money.cnn.com/2008/06/05/news/companies/banking_hearing/index.htm</guid><description>Several top banking regulators warned lawmakers Thursday of more troubles ahead for the industry, including additional writedowns and the possibility that bigger banks could fail.</description><pubDate>Thu, 05 Jun 2008 17:30:00 EDT</pubDate></item><item><title>Grim outlook for banks, profits down 46%</title><link>http://money.cnn.com/2008/05/29/news/economy/fdic_report/index.htm</link><guid>http://money.cnn.com/2008/05/29/news/economy/fdic_report/index.htm</guid><description>The mortgage meltdown and credit crunch continued to take their toll on the battered financial industry in the first quarter, according to a government report on the banking sector released Thursday.</description><pubDate>Thu, 29 May 2008 17:21:00 EDT</pubDate></item><item><title>Hope Now's numbers don't add up to much help</title><link>http://money.cnn.com/2008/04/10/real_estate/Hope_Now_Feb_stats/index.htm</link><guid>http://money.cnn.com/2008/04/10/real_estate/Hope_Now_Feb_stats/index.htm</guid><description>Lenders have helped nearly 1.2 million troubled home owners as part of a Bush-administration led housing rescue effort, according to numbers released Thursday by the Hope Now coalition.</description><pubDate>Thu, 10 Apr 2008 20:53:00 EDT</pubDate></item><item><title>Bush, House jockey over foreclosure fix</title><link>http://money.cnn.com/2008/04/09/news/economy/congress_housing_relief/index.htm</link><guid>http://money.cnn.com/2008/04/09/news/economy/congress_housing_relief/index.htm</guid><description>The Bush administration Wednesday outlined a plan to help homeowners at risk of foreclosure in an attempt to get out ahead of a more sweeping proposal by House Democrats.</description><pubDate>Wed, 09 Apr 2008 22:28:00 EDT</pubDate></item><item><title>US regulator: Your bank deposits are safe</title><link>http://money.cnn.com/2008/03/21/magazines/fortune/Benner_Bair.fortune/index.htm</link><guid>http://money.cnn.com/2008/03/21/magazines/fortune/Benner_Bair.fortune/index.htm</guid><description>Sheila Bair became Chairman of the Federal Deposit Insurance Corporation in June 2006 - just in time for the end of a real estate and credit bubble that has made her job one of the toughest in the regulatory world. She was one of the first members of the Bush Administration to say that it was the job of lenders and big banks to help mortgage holders in distress; and she has fought to uphold strict banking standards and create more lending laws.</description><pubDate>Mon, 24 Mar 2008 08:43:00 EDT</pubDate></item><item><title>Bank regulators: 'Asleep at the switch'</title><link>http://money.cnn.com/2008/03/04/news/companies/senatebank/index.htm</link><guid>http://money.cnn.com/2008/03/04/news/companies/senatebank/index.htm</guid><description>Lawmakers grilled bank regulators Tuesday about why they didn't intervene as lax lending standards led to a meltdown in the mortgage market and a credit crunch that threaten the economy.</description><pubDate>Tue, 04 Mar 2008 22:33:00 EST</pubDate></item><item><title>New recession worry: Bank failures</title><link>http://money.cnn.com/2008/03/03/news/economy/bank_failures/index.htm</link><guid>http://money.cnn.com/2008/03/03/news/economy/bank_failures/index.htm</guid><description>As if the economy wasn't already fighting enough strong headwinds, the risk of capital shortfalls and outright failure of the nation's banks is rising.</description><pubDate>Mon, 03 Mar 2008 21:14:00 EST</pubDate></item><item><title>Rate freeze plan for ARMs gains traction</title><link>http://money.cnn.com/2007/11/30/real_estate/ARM_rate_freeze/index.htm</link><guid>http://money.cnn.com/2007/11/30/real_estate/ARM_rate_freeze/index.htm</guid><description>If you've got a 7% adjustable mortgage that's about to skyrocket past 10%, getting a break may get a lot easier. One solution to the foreclosure problem gaining traction would freeze rates at lower levels.</description><pubDate>Mon, 03 Dec 2007 14:55:00 EST</pubDate></item><item><title>Subprime: 'HopeNow' may help only so much</title><link>http://money.cnn.com/2007/10/12/real_estate/mortgage_alliance/index.htm</link><guid>http://money.cnn.com/2007/10/12/real_estate/mortgage_alliance/index.htm</guid><description>Efforts to help subprime borrowers have been disjointed and inconsistent, and a new mortgage industry alliance formed this week is trying to remedy that. But some who counsel distressed homeowners say the alliance won't resolve key issues.</description><pubDate>Fri, 12 Oct 2007 20:53:00 EDT</pubDate></item><item><title>FDIC to mortgage servicers: Freeze ARM rates</title><link>http://money.cnn.com/2007/10/05/real_estate/fdic_rate_freeze/index.htm</link><guid>http://money.cnn.com/2007/10/05/real_estate/fdic_rate_freeze/index.htm</guid><description>The heat on U.S. mortgage lenders and servicers was turned up a few degrees this week when the country's chief bank regulator publicly proposed that they permanently freeze interest rates on subprime adjustable-rate mortgages (ARMs) for many homeowners.</description><pubDate>Tue, 09 Oct 2007 15:33:00 EDT</pubDate></item><item><title>Fed urges lenders to ward off mortgage defaults</title><link>http://money.cnn.com/2007/09/04/news/economy/defaults.ap/index.htm</link><guid>http://money.cnn.com/2007/09/04/news/economy/defaults.ap/index.htm</guid><description>The Federal Reserve and other banking regulators issued special guidance Tuesday urging loan service companies to work with borrowers in danger of defaulting on their home mortgages.</description><pubDate>Tue, 04 Sep 2007 07:19:00 EDT</pubDate></item><item><title>Overdue real-estate loans jump at U.S. banks</title><link>http://money.cnn.com/2007/08/22/news/economy/banks_earnings.reut/index.htm</link><guid>http://money.cnn.com/2007/08/22/news/economy/banks_earnings.reut/index.htm</guid><description>U.S. banks' troubled real-estate loans rose for the fifth consecutive quarter, to a total $66.9 billion at the end of the second quarter, the U.S. Federal Deposit Insurance Corporation said Wednesday.</description><pubDate>Thu, 23 Aug 2007 12:55:00 EDT</pubDate></item><item><title>FDIC 'vigilant' about monitoring banks' cash</title><link>http://money.cnn.com/2007/08/22/markets/fdic_monitoring.reut/index.htm</link><guid>http://money.cnn.com/2007/08/22/markets/fdic_monitoring.reut/index.htm</guid><description>The Federal Deposit Insurance Corporation is "closely monitoring" credit markets and the biggest U.S. banks' balance sheets, FDIC Chairman Sheila Bair said Wednesday.</description><pubDate>Wed, 22 Aug 2007 03:33:00 EDT</pubDate></item><item><title>FDIC Chairman: Banks are in good shape</title><link>http://money.cnn.com/2007/08/09/news/companies/fdic_banks.reut/index.htm</link><guid>http://money.cnn.com/2007/08/09/news/companies/fdic_banks.reut/index.htm</guid><description>The overall U.S. banking system is in very good shape and well-capitalized, Federal Deposit Insurance Corporation Chairman Sheila Bair said Thursday.</description><pubDate>Thu, 09 Aug 2007 10:58:00 EDT</pubDate></item><item><title>Subprime mess - no easy fix</title><link>http://money.cnn.com/2007/04/18/real_estate/barriers_to_solving_subprime_problems/index.htm</link><guid>http://money.cnn.com/2007/04/18/real_estate/barriers_to_solving_subprime_problems/index.htm</guid><description>Swapping risky mortgages for those with steady payments sounds like a reasonable plan to keep millions out of foreclosure. But the way mortgage products have been packaged and sold into financial markets presents a big hurdle.</description><pubDate>Wed, 18 Apr 2007 15:00:00 EDT</pubDate></item></channel></rss>