Stiglitz Weighs in on the PPIP (And It's Not Pretty) [View article]
On Apr 02 09:35 AM CautiousInvestor wrote:
> Also, I'm not sure what regulatory authority would be used as the > FDIC currently has authority and power to seize depository banks, > but does not have similar authority for bank holding companies such > as Citigroup. The Federal Reserve has authority to make non binding > suggestions to bank holding companies. >
Stiglitz Weighs in on the PPIP (And It's Not Pretty) [View article]
On Apr 02 09:35 AM CautiousInvestor wrote:
> Also, I'm not sure what regulatory authority would be used as the
> FDIC currently has authority and power to seize depository banks,
> but does not have similar authority for bank holding companies such
> as Citigroup. The Federal Reserve has authority to make non binding
> suggestions to bank holding companies.
>
they did it with WaMu
The Three Riskiest Banks - American Banker [View article]