It was the first time the F.D.I.C. fund’s balance has been negative since the early 1990s, as the pace of bank failures accelerated in the third quarter.
c fundU.S. Fund for Bank Deposit Insurance Falls Into the RedNYT > Business Tue, 11/24/2009 - 10:09
F.D.I.C. May Borrow Funds From BanksNYT > Business Mon, 09/21/2009 - 20:23
Bankers like the idea of banks lending billions to help the F.D.I.C. fund because it would head off what they consider undesirable alternatives. |
