FDIC Chairwoman Bair Too big to fail has become worse. Its become explicit when it was implicit before.

Treasury Sec. Geithner Most consequential choices involve shades of gray, and some fog is often useful in getting things done.

FDIC is Bracing for a Wave of Failures

Posted by admin on Feb 23rd, 2010 and filed under Headlines, National News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

The Federal Deposit Insurance Corporation is bracing for a new wave of bank failures that could cost the agency many billions of dollars and further strain its finances, according to an article in the NY Times. Sheila C. Bair said the F.D.I.C. expected bank failures to peak in 2010, and “we think that we have the [...]