Thursday, March 05, 2009
Alison Vekshin: "FDIC Chairwoman Says Insurance Fund Could Be Insolvent This Year " - Bloomberg Worldwide News
A Dear Reader comments, "The fund it uses to protect customer deposits at U.S. banks could dry up amid a surge in bank failures. A large number of bank failures may occur through 2010 because of rapidly deteriorating economic conditions. Clearly, capitalism is imploding." Read more.
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