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• Despite ‘regret,’ U.S. to pour money into banks
... step for the health of the U.S. economy,” Paulson added in a press conference held at the Treasury Department, where other officials also spoke, including Federal Reserve Chairman Ben Bernanke and Sheila Bair, head of the Federal Deposit Insurance ...
• Treasury's $250 Billion Bank Buy-In
The FDIC is also expected to temporarily boost deposit insurance limits on noninterest-bearing bank accounts. General deposit insurance was already lifted from $100,000 to $250,000 in the legislation recently passed by Congress to authorize the $700 ...
• Global stocks soar after Wall Street’s surge
Japan also promised to continue to protect people’s insurance policies and savings accounts, and said it will consider capital injection into medium-size and small Japanese financial institutions. And in Australia, the government announced a plan to ...
• Insurance is extra on this ‘hot’ Mexican car
Q: I have a question about car rental insurance. I recently booked a car in Manzanillo, Mexico through Hotwire. I ended up paying $197 in advance for a two-week rental through Thrifty. My practice in renting cars has been to decline the optional ...
• Insurance giant AIG's role in market crisis probed
WASHINGTON - Executives at the American International Group Inc. hid from its auditors the full range of risky practices at its financial products division even as losses mounted, according to documents obtained by a congressional panel examining ...