(NECN) - During a prime-time address to the nation, President Bush acknowledged Americans worries and frustrations, and urged for a massive bailout, saying the nation faces a "long and painful recession". He warned that if congress fail...
Video|Wed, 24 Sep 2008|More from Boston.com
|FDICfound at3:35
“…insured by the federal government for up to a 100000 dollars. The FDIC has been in existence for 75 years. And no one has ever lost a penny uninsured deposits. And this will not change. …”
(NECN) - Lawmakers are considering the Bush Administration's call for a $700 billion bailout for debt-strapped financial companies. Helping make sense of it all is Susan Powers, from Armstrong Advisory Group and a Financial Planner with S...
Video|Mon, 22 Sep 2008|More from Boston.com
|FDICfound at2:52
“…spread so you are protected up to a 100000 dollars and the FDIC insurance in don't have volume rates in one basket. Right and yet there's still some -- roller coaster ride to go here. …”
President Bush speaks about the nation's financial markets crisis.
Audio|Sat, 20 Sep 2008|More from WBZ's More on This
|FDICfound at2:55
“…Americans listening may be wondering about the security your finances. Through the FDIC every savings account checking account and certificate of deposit is insured by the federal government for a 200000 dollars. The FDIC has been in existence for 75 years and no one has ever lost a penny uninsured deposits. And this will not change. …”
On Friday the president said government intervention is needed to keep the financial crisis from further damaging economy.
Audio|Fri, 19 Sep 2008|More from WBZ's More on This
|FDICfound at6:40
“…federal government continues to enforce laws and regulations protecting your money. The FDIC every savings account. Checking account and certificate of deposit is insured by the federal government for -- 200000 dollars. The FDIC has been in existence for 75 years. And no one has ever lost a penny uninsured deposits and this will not change. …”
(NECN: Coral Gables, FL) - Democratic presidential candidate Barack Obama met this morning with some of the most respected names in the business world, including billionaire investor Warren Buffett and former Federal Reserve Chairman Paul Volcker....
Video|Fri, 19 Sep 2008|More from Boston.com
|FDICfound at8:40
“…to operate any prudent way in order to. Qualify for FBI insurance FDIC insurance. And that part overlooked except that part of it is just a fraction now of all -- all capital flows so …”
(NECN: Washington) - President Bush this morning called the financial crisis a pivotal moment in the life of the U.S. economy. "We must address the root cause behind much instability in our markets," said Bush. "We are respondin...
Video|Fri, 19 Sep 2008|More from Boston.com
|FDICfound at6:58
“…federal government continues to enforce laws and regulations protecting your money. The FDIC every savings account. Checking account and certificate of deposit is insured by the federal government for up -- a 100000 dollars. The FDIC has been in existence for 75 years. And no one has ever lost a penny uninsured deposits and this will not change. …”
President George W. Bush says federal intervention in financial markets "is essential" to halt the worst financial crisis in decades.
Video|Fri, 19 Sep 2008|More from bos
|FDICfound at2:57
“…federal government continues to enforce laws and regulations protecting your money. The FDIC every savings account. Checking account and certificate of deposit is insured by the federal government for up to a 100000 dollars. The FDIC has been in existence for 75 years. And no one has ever lost a penny uninsured deposits and this will not change. …”
Look for a calmer day on Wall Street today. Details on this and more top morning stories.
Audio|Thu, 18 Sep 2008|More from WBZ NewsRadio Headlines
|FDICfound at1:40, 1:27
“…outside of insured depository institutions. Investment banks insurance companies are different from FDIC insured banks. So actually for the most for -- the FDIC insured banks have weathered the storm pretty well so far. …”
“…your money's in the bank Euro case says the head of the FDIC's Sheila bear. …”
WBZ's Ed Walsh speaks with ABC News business editor Charles Herman.
Audio|Wed, 17 Sep 2008|More from WBZ's More on This
|FDICfound at5:11
“…And in that case the at least for depositors. The FDIC insures there their deposits up to a 100000 bucks. …”
(Peter Howe, NECN) - The White House is defending the federal decision to loan AIG $85 billion. But not everyone agrees with the decision to use taxpayer dollars to help save the insurance giant. This must feel like the life of the US treasury....
Video|Wed, 17 Sep 2008|More from Boston.com
|FDICfound at1:49
“…giants like AIG. There's the comptroller for some banks OTS for others FDIC force state banks SEC for stock markets CFTC for commodities like oil and wheat. And insurance regulation that split among all fifty …”