en-us Reuters) - The government-run fund that safeguards U.S. bank deposits tumbled to a negative balance of $8.2 billion in the third quarter, as the number of problem banks surged by a third to 552.It was the first shortfall since 1992 when the Federal Deposit Insurance Corp was...]]> Tue, 24 Nov 2009 19:00:36 -0800 Reuters) - A reserve fund must be established ahead of time to give the government the working capital it needs to dismantle large, troubled financial companies, a top U.S. bank regulator said on Tuesday. Sheila Bair, chairman of the Federal Deposit Insurance...]]> Tue, 10 Nov 2009 12:46:07 -0800 Reuters) - A reserve fund must be established ahead of time to give the government the working capital it needs to dismantle large, troubled financial companies, a top U.S. bank regulator said on Tuesday.Sheila Bair, chairman of the Federal Deposit Insurance Corp, said...]]> Tue, 10 Nov 2009 11:45:29 -0800 Reuters) - Bank regulators closed Gateway Bank of St. Louis, in St. Louis, Missouri, and Prosperan Bank, of Oakdale, Minnesota, on Friday, the 118th and 119th U.S. bank to fail this year. The Federal Deposit Insurance Corp said Gateway Bank of St Louis had $27.7 million in assets and...]]> Sat, 07 Nov 2009 10:19:13 -0800 UBMT UBMT Reuters) - Bank regulators closed Gateway Bank of St. Louis, in St. Louis, Missouri, and Prosperan Bank, of Oakdale, Minnesota, on Friday, the 118th and 119th U.S. bank to fail this year.The Federal Deposit Insurance Corp said Gateway Bank of St Louis had $27.7 million in assets and $27.9...]]> Sat, 07 Nov 2009 09:00:39 -0800 Reuters) - Bank regulators closed Home Federal Savings Bank, of Detroit, on Friday, the 117th U.S. bank to fail this year as deteriorating loans continue to take their toll on financial institutions.The Federal Deposit Insurance Corp said Home Federal Savings Bank had $14.9 million in assets and $12.8 million...]]> Fri, 06 Nov 2009 15:45:10 -0800 Thu, 29 Oct 2009 16:38:08 -0700 PFBC PFBC Reuters) - The Obama administration's new proposal for tackling financial risk in the U.S. economy, unveiled just two days ago, came under attack on Thursday from Congress and regulators, with questions raised about its funding and scope. U.S. Treasury Secretary Timothy Geithner scrambled in a congressional...]]> Thu, 29 Oct 2009 14:10:22 -0700 Reuters) General Motors Acceptance Corp on Wednesday sold $2.9 billion in three-year government-guaranteed notes, according to a market source familiar with the sale. The 1.75 percent notes were priced at 99.991 to yield 1.753 percent, or 31.6 basis points over comparable...]]> Wed, 28 Oct 2009 20:21:23 -0700 GMGMQ GMGMQ Wed, 28 Oct 2009 07:59:21 -0700 GMGMQ GMGMQ