Sep
23
2009
GDP’s Debt to Credit
Posted by: in Home Mortgage Online, tags: Acceleration, Bank Failures, Board Of Directors, Bulls, Deposit Insurance Fund, Emergency Line, Excerpt, Fdic Board, Gdp, Georgetown University, Insurance, Random, Sheila, Stock Market, TreasuryRandom Feed wrote an interesting post today on
Here’s a quick excerpt
The FDIC is considering tapping its emergency line of credit with the Treasury. FDIC Chair Sheila Bair recently hinted after a speech at Georgetown University that all options are on the table when it comes time to replenish the dwindling Deposit Insurance Fund. We’ll find out more in the next few weeks after the FDIC board of directors meets. Stock market bulls aren’t concerned about the inevitable acceleration in bank failures — at least for now. Even though deposits will be insured against
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