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Banking feds banked big bonuses pre-meltdown

Banks weren't the only ones giving big bonuses in the boom years before the worst financial crisis in generations. The government also was handing out millions of dollars to bank regulators, rewarding "superior" work even as an avalanche of risky mortgages helped create the meltdown.

Tags: P&B , bonuses , Office of Thrift Supervision , Comptroller of the Currency , ap , Matt Apuzzo

Thursday - 03/18/2010, 11:08am EDT

FDIC struggles to keep ahead of cascading bank failures

The FDIC expects the cost of bank failures to grow to about $100 billion over the next four years. Amid the struggling economy and rising loan defaults, 120 banks have failed so far this year, costing the insurance fund more than $28 billion.

Tags: mngt , recovery , Mitchell Glassman

Friday - 11/13/2009, 10:08am EST

Federal Deposit Insurance Corporation

Mitchell Glassman
Director, Division of Resolutions & Receiverships
October 20th and 22nd, 2008

Tags: tech , Mitchell Glassman , IBM

Monday - 10/20/2008, 12:54pm EDT
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