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Google News: King: Whale of a loss is making quite a splash
[Houston Chronicle] - This is what occurred with the savings and loan industry and its insurance fund, the FSLIC, when that industry failed in the late 1980s. However, that has never been the case at FDIC. With all of the bank failures and banking crises that have occurred
Community Bank TARP Saga
www.theepochtimes.com
[The Epoch Times] - Additionally, the FDIC cost for failing banks is very high, and it lacks the funds in the Deposit Insurance Fund. The FDIC Deposit Insurance Fund is funded by the banks and pays out $ to depositors of each failed FDIC insured bank. At Dec.
FDIC closes small bank in Florida
www.sacbee.com
[Sacramento Bee] - The FDIC estimates that Security Bank's failure will cost the insurance fund $10.8 million. Security Bank is the third FDIC-insured institution to fail this year in Florida. The pace of bank closures has slowed sharply after ballooning following the
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