FDIC's 'problem list' of troubled banks tops 400

Date: Thursday, August 27, 2009
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FDIC's 'problem list' of troubled banks tops 400

FDIC OKS RULES EASING BANK BUYS BY PRIVATE EQUITY

The Federal Deposit Insurance Corp. eased the way Wednesday for
private-equity firms to buy failed banks through the FDIC.

EXPECT BANKS TO BE HIT WITH MAJOR NEW FEES

The manner in which five banks collapsed on Friday, costing the
resource-stretched Federal Deposit Insurance Corp. roughly $3.7 billion, is
raising concerns about the agency's depleted insurance fund used to
protect depositors.

FINANCIALS TRADE LOWER; CITI, AIG DRAW ATTENTION

Shares of former blue chips Citigroup and AIG draw early scrutiny.

U.S. STOCK MARKET SHRUGGING OFF GOOD NEWS FOR NOW

The U.S. stock market on Thursday continues a recent pattern of shrugging off
good news, with moves in China and falling oil furthering worries about a
recovery, with positive data seen as already factored into the market.