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A Recent Ruling Gives the FDIC the Responsibility to Pay WaMu Claims

Summary: An important decision has finally been made regarding whether the FDIC or J.P. Morgan Chase should pay the claims…

Sheila Bair Joins DLA Piper from the FDIC

Summary: Sheila Bair, the former chairwoman of the FDIC, has joined the law firm of DLA Piper in Washington.  The former…

Citigroup Announces Settlement with U.S. Government

It was announced on Monday that Citigroup Inc has agreed to pay $7 billion to settle the United States investigation…

New Chairman of the Banking Regulator Nominated by Obama

President Obama to nominate Martin J Gruenberg (current FDIC Vice Chairman) to replace Sheila Bair as Chairman of the Banking…

Morning Roundup

Good morning everyone!  Today is Tuesday, November 16, and here's a quick look back at Monday's headlines... Threats against social…

Bryan Cave Sued By FDIC

Between September 26 and November 5 of this year, Bryan Cave represented the directors and officers of Hillcrest Bank, a…

Lathrop & Gage Settles With FDIC for $7.4 Million

Lathrop & Gage has agreed to pay the Federal Deposit Insurance Corp. $7.4-million to settle a legal malpractice suit that…