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PA 4 was repealed by Michigan voters in the 2012 general election, [5] and the Michigan Legislature subsequently passed Public Act 436 of 2012 to replace the revived Public Act 72. [6] On May 1, 2013, the City of Ecorse was moved from under an emergency manager to a transition advisory board, which includes the previous emergency manager. [7]
Universal bank $ 1.05 × 10 ^ 9 [63] May 28, 2009: Bank Medici: withdrawal of the concession: Bank [64] August 14, 2009: Colonial Bank, Alabama BB&T, North Carolina Bank [65] August 21, 2009: Guaranty Bank, Texas BBVA Compass, Alabama Savings and loan association [66] September 25, 2009: Colonial Bancgroup: Chapter 11 bankruptcy and liquidation ...
In addition, the investment bank Lehman Brothers filed for Chapter 11 bankruptcy protection in September 2008, citing bank debt of $613 billion and $155 billion in bond debt. The solvency of other U.S. banks was severely threatened, forcing the George W. Bush government to intervene with the $700 billion bailout plan of the Troubled Asset ...
Within weeks, all other states held their own bank holidays in an attempt to stem the bank runs, with Delaware becoming the 48th and last state to close its banks on March 4. [ 2 ] [ 3 ] Following his inauguration on March 4, 1933, President Franklin Roosevelt set out to rebuild confidence in the nation's banking system and to stabilize America ...
While just 2.1% of white households lacked a bank account in 2021, 11.3% of Black households, 9.3% of Hispanic households, and 6.9% of American Indian or Alaska native households lacked an account ...
Introduced in the House as "Financial Institutions Reform, Recovery and Enforcement Act of 1989" H.R. 1278 by Henry B. Gonzalez (D-TX) on March 6, 1989; Committee consideration by House Banking, Finance, and Urban Affairs, House Government Operations, House Judiciary, House Rules, House Ways and Means