Where can I learn the list of other banks at risk for FDIC takeover?
IndyMac, based in Pasadena, CA, is the second-largest takeover (Friday, 7/12/8) by the FDIC (Federal Deposit Insurance Corporation) in history.
Our local bank came under Department of Treasury scrutiny for "unsafe & unsound banking practices" last fall; and remedial measures agreed by the bank board & the Comptroller of the Currency (department of Treasury) are "still pending."
Is there any other method of public inquiry, other than resorting to the federal FOIA request system, which has been disregarded in wholesale proportions by the Geo. W. Bush administration?
If you're new to FYInance, we're going to make it worth your while to subscribe to our FYInance RSS feed. It will keep you up to date, on your terms!
"Colorado Federal Savings Bank
Eastern Savings Bank, FSB
Integrity Bank
Ameribank, Inc.
First Priority Bank
First Security National Bank
Magnet Bank
Security Pacific Bank
First National Bank of Brookfield
The State Bank of Lebo"
ABC News( Source)
"Among the 300 banks are powerhouses Washington Mutual (WaMu), National City Corporation (NCC), and M&T Bank. On Monday, all three banks’ stock fell by double-digit percentages." The Epoch Times( source)
"Regional-banking shares led the decline in the financial-services sector on Monday. Among the biggest losers were National City Corp. Washington Mutual Inc. Zions Bancorp Inc. Sovereign Bancorp Inc., KeyCorp, First Horizon National Corp.M&T Bank Corp.and Regions Financial Corp."
Marketwatch( Source)
I hope this gives some info.