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FDIC Seeks To Avoid Treasury Bailout

September 29, 2009 By Bill Zielinski Leave a Comment

The FDIC Board of Directors will meet today to discuss the Deposit Insurance Fund Restoration Plan, assessments and funding.  As the number of banking failures continues to increase, it has become obvious that the current amount of reserves ($10.4 billion) in the FDIC deposit insurance fund (DIF) are totally inadequate to cover expected FDIC losses […]

Filed Under: Bank Failure, DIF, FDIC, FDIC insurance Tagged With: FDIC fund empty, is an FDIC bailout inevitable?

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