Page 4 - Banking Failures News Today

My mind and heart. >> so you want to pick the top one, and go for a couple of others who are off of the beaten path, and everybody is going to want to pick the top ones, and so if you want to differentiate yourselves, it is hard to do. >> if you want the offset, pick the 11s over the sixes, because since 2010, the 11s have a winning record over the six seeds. >> 11 over 6, noted. >> i am coming after you, erica. >> duly noted. and now, president bidens message to the banking executives after t...

Break. >> she did get our base energized. >> i love her. >> she did hold her own against a 35-year member of the senate, joe biden. >> nice to meet you. hey, can i call you joe? >> you can call me joe. >> what i didnt get was how the media just skewered her. she became fodder for everything. and i thought that was terribly unfair. >> people, in my view are not kind to sarah palin. >> questions? >> senator mccain -- >> reporter: despite the media frenzy, the mccain/palin ticket was holding its ow...

Stock market went down 700 points. >> crisis on wall street. one of the biggest banking failures in u.s. history. >> reporter: september 29, 2008. >> the credit crisis worsened overnight. >> reporter: economic panic. >> this is absolutely stunning. >> reporter: big banks were failing. >> the house rejects the financial bailout plan. >> at the end of that day, we were seven points down. as americans watched their 401(k)s disappear before their eyes. >> reporter: for the second time in his campaig...

8,000 banks in the united states, and theres somebody whose job it is to monitor whats going on at the banks and to make sure theres enough money to pay you out if those banks fail. her name is sheila bair. youve probably heard about her before. shes one of the regulators in the government who handles your money. shes the chair of the fdic. great to see you. >> happy to be here. >> we, unfortunately, had to talk a few times duringed financial crisis. >> thats right. >> and it really did seem tha...