U.S. Fund for Bank Deposit Insurance Falls Into the Red

Courtesy NYT > Business  Tue, 11/24/2009 - 10:09

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.


 

Related items

Formula shows why it's so hard to cut jobless rate
The economy's 5.7 percent growth last quarter — the fastest pace since 2003 — was a step toward shrinking the nation's 10 percent unemployment rate.

Regulators shut down banks in 5 states
Regulators shut down a big bank in California on Friday, along with two banks in Georgia and one each in Florida, Minnesota and Washington. That brought to 15 the number of bank failures so...

U.S. Economy Grew at Fastest Pace in 6 Years Last...
The economy grew at an annualized rate of 5.7% in the quarter, faster than expected, but economists still worried about the sluggish job market.

AT&T 5800 Accessory Handset for 5800 Series Phones
Advanced American Telephones designs and produces the telephone products that millions of people enjoy every day. AT&T's voice quality, product selection, and reliability make these telephone...

Iris USOA447 IRIScan Express 2 Portable Scanner
Scan Anywhere. Get Organized! The IRIScan Express 2 is ultra portable, and backed by a powerful software suite, so you can get things done! Scan your documents, receipts, business cards,...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
We apologize for the inconvenience. Please help fight spam.
business.marc8.com