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Sheila Bair: Cyprus deposit tax unlawful, destabilizing
Jeremy Hobson Mar 19, 2013
Sheila Bair, former chair of the U.S. Federal Deposit Insurance Corporation, shares her views on the Cyrpriot bailout plan and whether such a levy could ever happen to U.S. depositors.
Could the Cyprus deposit tax lead to a bank run?
David Weinberg Mar 19, 2013
Bank runs become a problem because banks don’t actually have a lot of money in the bank. Your deposit, to a bank, is a loan -- and most of that money gets lent out again.
The top places to work in the federal government
Kai Ryssdal Dec 13, 2012
NASA and the Federal Deposit Insurance Corporation among the best on the list.
Former regulator Sheila Bair on the financial crisis
Jeremy Hobson Sep 25, 2012
It may be too early to assign blame for Europe's economic crisis, but it is not too early to figure out what went wrong in this country back in 2008. Sheila Bair headed the FDIC back then, and is out with a new book this morning, in which she says she saw signs of trouble in subprime mortgages way back in 2006.
Why a bank run is bad
Paddy Hirsch Jun 1, 2012
A bank run occurs when customers run down to the bank and demand their money back. So, why can't the bank just return the cash? Sr. Producer Paddy Hirsch explains using a human heart analogy.
FDIC spells a good, sound sleep for savers
Paddy Hirsch Apr 26, 2012
Seventeen banks have failed so far this year, but their customers can rest easy -- thanks to the Federal Deposit Insurance Corporation, as Sr. Producer Paddy Hirsch explains.
Bank failures down but not done
Joel Patterson Jan 3, 2012
The number of bank failures in 2011 fell from the previous year, but banks are far from being out of the woods just yet.
Be wary of high yields abroad
Chris Farrell Nov 18, 2011
I have some money that I would like to place in a certificate of deposit to improve my return. Most of the U.S. banks I've looked at are offering 1.00% or less. However, some international banks -- most notably, Indian banks -- are offering around 9.00%. Is there a reason not to invest my money in an overseas institution when the payback looks so much better? Mark, Portland, OR
Citibank hack might mean big changes for banks
John Moe Jun 10, 2011
Thursday, Federal Deposit Insurance Corp's head Sheila Bair said she might require "banks to strengthen their authentication when a customer logs...
MID-DAY UPDATE: Equal pay for equal work, foreclosure fund and a royal wedding
Shelly Moulton Nov 17, 2010
The U.S. Senate will be considering a bill to ensure women and men receive equal pay for equal work. There's yet another budget deficit reduction...
