The inspector general of the Federal Deposit Insurance Corporation told The Wall Street Journal recently that the agency had opened criminal investigations into about 50 banks that had failed since the financial collapse in 2008....
Read MoreAmong the noteworthy legacies left by Sheila Bair is a committee of outside experts advising the Federal Deposit Insurance Corp. on how to resolve systemically important institutions. It includes luminaries from government and business like...
Read MoreIn the wake of the global financial crisis, the FDIC has commenced a wave of lawsuits against and criminal investigations of the officers and directors of failed banks, and those who did business with them....
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