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Congress approved! Bailout bill details
The second bailout plan has been approved by Congress, and the details of the revised package contain some important differences from the rejected original. Take a look at the new bailout bill details; or, read a...
FDIC looks to increase deposit insurance limit to $250,000
The FDIC is hoping to increase the federal deposit insurance limit from a maximum of $100,000, to $250,000, in an effort to encourage Americans to keep their money in the bank. The United States is in the midst of... FYI about AIG receivership
If AIG goes into bankruptcy, it is called receivership. I worked on the receivership of Executive Life, a Millken related firm about 16 years ago. They had the highest Best insurance rating the day...
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