Word: depositing
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
...billion, and now it's $1 trillion or more. As estimates of the cost mounted for the bailout of the savings and loan industry, a taxpayer's only consolation was that at least commercial banks were safe and sound. Or were they? The way things are going, the Federal Deposit Insurance Corporation, which insures commercial bank deposits, may have to be renamed the Future Disaster Inevitable Corporation. In grim testimony before the House Banking Committee last week, Comptroller General Charles Bowsher warned, "Not since it was born in the Great Depression has the federal system of deposit insurance for commercial...
...debacle, which is expected to cost American families $5,000 to $10,000 apiece over the next three decades, Washington legislators responded swiftly. They promised immediate measures to bolster the insurance fund's resources by allowing regulators to boost the insurance premiums that banks pay to cover their deposits. "The American people have had enough of taxpayer bailouts of our deposit insurance system," wrote Donald Riegle Jr., the Senate Banking Committee chairman, in a letter to President Bush. Sensitive to accusations that it aggravated the S&L mess by delaying the cure, the Administration immediately supported a boost in premiums...
Early next year Congress intends to take up serious discussions of deposit- insurance reform. Gonzalez has unveiled a credible but controversial proposal that would limit deposit coverage, charge deposit-insurance premiums based on the riskiness of a bank's assets, and place some kinds of investments off limits for insured funds. The Treasury Department, which commissioned a yearlong study of banking reform, is expected to deliver its report later this year. None of the proposals will immediately solve the problems of the American banking system, but at least everyone seems to understand that putting off the search for a solution...
...seems you want to take the refund but you don't want to make the deposit for the next generation," she said...
...size of the oil deposit, however, is a mystery. The Interior Department's estimate ranges from 600 million bbl. of crude to as much as 9.2 billion bbl. At the high end, the oil reservoir would be roughly equal to Alaska's enormous Prudhoe Bay field, or more than the U.S. uses in a year. The Interior Department puts the odds of finding a commercially exploitable oil field in the refuge at 1 in 5, vs. the industry's typical success rate...