Tag Archives: FDIC

GOP Debate: Bring Back The CNBC Moderators

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GOP Presidential contenders struggled with substantive questions during last week's debate. [Credit: ibtimes.com

GOP Pres­i­den­tial con­tenders fum­bled sub­stan­tive ques­tions dur­ing last week’s debate. [Cred­it: ibtimes.com]

Don­ald Trump wants a piece of the Key­stone Pipeline.

The issue didn’t come up dur­ing last week’s GOP debate, so Trump didn’t have the chance to elab­o­rate on his dec­la­ra­tion that he would have approved the project only if the Cana­di­an com­pa­ny forked over 25 per­cent of its profits.

“I want a piece of the deal,” Trump told Bret Baier of Fox News.  “When I say I want a piece, I’m now rep­re­sent­ing our coun­try the way I would rep­re­sent myself.” Con­tin­ue read­ing →

How’s That Cyprus “Bail-In” Working Out?

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The Cyprus "bail-in" is no more popular today than when it was hatched last spring. [Credit: CNNMoney.com]

The Cyprus “bail-in” is no more pop­u­lar today than when it was hatched last spring. [Cred­it: CNNMoney.com]

You may remem­ber Cyprus, the Mediter­ranean island that grabbed inter­na­tion­al head­lines last March when its gov­ern­ment was com­pelled by Euro­pean author­i­ties to seize mon­ey that indi­vid­u­als and busi­ness­es had deposit­ed in the country’s two largest banks.

The “bail-in” of Cypri­ot banks, so called because it requires peo­ple who have deposit­ed their mon­ey in fail­ing banks to help save those banks by for­feit­ing some of their deposits, is a por­tent of bank res­cues to come.  Con­tin­ue read­ing →