America’s Bank Crisis –Quick Information Links

by seeker@evpl on Saturday, October 4 2008, 11:08am. Viewed 875 times.

I just had a question from a person who wanted some quick Internet sites to follow the recent bill, "Emergency Economic Stabilization Act of 2008" that was approved by the Senate October 1, the House  October 3, and signed into law by the President .  Here's a 1 page summary of it:  http://banking.senate.gov/public/_files/latestversionEESASummary.pdf

 Some news sites that I follow have some good up-to-date articles:  CNN Money Magazine - special issue on America's Money Crisis, Google News - recent news articles on the Wall Street Crisis, and NPR's Economy Section news. 

Federal Deposit Insurance Corporation insures individual bank accounts.  Find current news of failed and merged banks, and under Top Search Results, find Failed Banks List, reports of Conditions & Income and Thrift Financial Reports for your bank, or use  "Edie the Estimator" to calculate your FDIC insurance coverage for your deposit accounts.

And  finally, what will it cost and how will it impact federal finances?  Here's the Congressional Budget Office Analysis:  http://cboblog.cbo.gov/?p=173


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googler@evpl wrote
on Thursday, October 9 2008, 11:08am

The Money Meltdown (www.themoneymeltdown.com) has some really good material, with new things being added daily.