2002, FDIC and Risk Management - Community Banking Brief

Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

JUNE 2, 2023

By comparison, non-high-tech industries lost 689,000 jobs between 2001 and 2002 but recovered the lost jobs by 2004. Between 1995 and its peak in March 2000, the Nasdaq Composite stock market index rose 800%, only to fall 740% from its peak by October 2002, giving up all its gains during the bubble. High-tech employment fell from 12.1

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The 2024 GonzoBanker Awards

Gonzobanker

DECEMBER 19, 2024

And here we thought that Check21 was going to kill kiting in 2002. The FDIC’s Rule Proposal would end a common banking-as-a-service practice that allows banks to count deposits originated by financial technology partners as core and require them to classify the funds as brokered.

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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

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