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Company: BB and T Corp
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Friday, 23 Oct 2009 | Posted By: Paul Toscano | Source: CNBC.com
When a U.S. bank fails, it is up to the FDIC to ensure the stability of the failed bank's assets and deposits so that customers won't lose out when their bank of choice goes under.

To do this, the FDIC can either arrange for the sale of the failed bank's assets to an existing financial institution or directly pay out the failed bank's deposits, as long as they fall within the FDIC's insurance limits. The former "Purchase and Assumption Method" is most commonly used, but requires the FDIC to find a willing buyer, and often must sell assets at a discount, which may potentially cause billions in losses to the FDIC fund.
Monday, 19 Oct 2009 | Posted By: Cindy Perman | Source: CNBC.com
Stocks rallied Monday, after a wobbly start, as investors were optimistic about the slew of earnings ahead.
Monday, 19 Oct 2009 | Source: CNBC.com
Stocks rallied Monday, after a wobbly start, as techs dragged but investors were optimistic about the slew of earnings ahead.
Monday, 19 Oct 2009 | Source: CNBC.com
Stocks moved higher Monday, after a wobbly start, as techs dragged but investors were optimistic about the slew of earnings ahead.
Monday, 19 Oct 2009 | Source: CNBC.com
Good news for a Monday morning: stock index futures are pointing to a modestly higher open this morning, rather than what happened exactly 22 years ago today - the infamous crash of 1987. 
Monday, 31 Aug 2009 | Source: The New York Times
Nearly a year after the federal rescue of the nation’s biggest banks, taxpayers have begun seeing profits from the hundreds of billions of dollars in aid, the New York Times reports.
Wednesday, 26 Aug 2009 | Source: The Associated Press
Colonial BancGroup, the Montgomery-based real estate lender whose banking unit was shut down by the government and sold to BB&T earlier this month, has filed for Chapter 11 bankruptcy protection.
Tuesday, 21 Jul 2009 | Source: The Associated Press
As Congress spent much of the last three months looking at ways to tighten regulations on financial institutions, some of the biggest bailout recipients increased their spending on influencing legislators.
Wednesday, 17 Jun 2009 | Source: The Associated Press
Credit ratings agency Standard & Poor's on Wednesday cut ratings on 18 banks amid concern about further weakening in the financial sector.
Monday, 18 May 2009 | Posted By: JeeYeon Park | Source: CNBC.com
CEOs from several regional banks around the country told CNBC they are seeing some signs of “green shoots” in the housing market.
Posts |  COMPANY : BB and T Corp
23 Oct 2009
Sometimes a stock is so cheap it's begging to be bought.... Read More
19 Oct 2009
Posted By:Lee Brodie | Pops & Drops
Following are the day’s biggest winners and losers... Read More
19 Oct 2009
The weaker dollar, predictably, is pushing up commodities across the board: metals, fertilizers, coal and energy up across the board... Read More
19 Oct 2009
The close on Friday, a big earnings day, was less than stellar... Read More
14 Sep 2009
One year ago, at the epicenter of the credit crisis, Lehman Brothers went dark, marking the biggest bankruptcy in U.S. history.... Read More
VIDEO | COMPANIES : BB and T Corp
Compass Group beat expectations with its full-year earnings Wednesday after an extensive cost-cutting strategy helped th...
“There was a time when America was the largest economy, largest military, that is not the case anymore,” Morris L. Reid ...
“The consumer is going to lead this recovery," Ralph Silva from TowerGroup told CNBC Wednesday. This won’t happen for th...
China and India are grossly 'undershopped', says Liew Mun Leong, president & CEO of CapitaLand Group. He tells CNBC's Sa...
Discussing what is likely to top the agenda when Indian Prime Minister Manmohan Singh meets with U.S. President Barack O...


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