Word: deposited
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...crisis prompted depositors across the U.S. to wonder, maybe for the first time, just who insures their money. The large majority of deposit-taking institutions are federally insured--83% of S and Ls, for example. But 30 states, including Massachusetts, Texas and Illinois, permit at least some of their commercial banks, thrift institutions or credit unions to rely on private insurance funds...
...unexplained disappearance of $187,125 from the cambridge trust Company's bankroll poses no threat to the bank's depositors and sharholders, officials at the Federal Deposit Insurance Company (FDIC) said this week...
...longer answers the telephone at State Bank of Dannebrog, Neb., with a cheery "Good morning. State Bank." Instead, she simply says, "FDIC." Bochart, a former assistant cashier, goes on to explain that State Bank, the only bank in town, has folded and been taken over by the Federal Deposit Insurance Corporation. "We're here," she says, "until things are cleaned up." The closing is a severe blow to Dannebrog, a farming village of 380, where the landmarks are groves of giant sycamore trees, a Lutheran church spire and the Silver Dollar Bar. Ray Johnson, owner of Johnson Grocery, may drop...
...loan. One of his neighbors, David Honsey, 40, filed for bankruptcy and said it made him feel like going into the barn and "doing something you shouldn't do there." He has since rejected thoughts of suicide, deciding "there is a higher power than the Federal Deposit Insurance Corporation. But I think they'll find a few farmers in the barn rafters before this is over." (Actually, there are signs that suicides among farmers are rising. There were 47 in Missouri in 1982, for example...
According to Drosnin, it was the facts about $100,000 of Hughes money in Bebe Rebozo's safe-deposit box that set off the Watergate break-in. "I want to hire Bob Kennedy's entire organization," wrote Hughes to Maheu shortly after hearing that the Senator was dead. Maheu managed to get the lobbying services < of Lawrence O'Brien, Kennedy's campaign manager and later Democratic Party chairman. Because of O'Brien's connection with Hughes, Drosnin argues, Nixon feared disclosure of the cash in his friend's bank and ordered the plumbers into O'Brien's Watergate office...