Question
Which banks are failing?
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30th Nov 2009 by Burt Carlson
The Federal Deposit Insurance Corporation (FDIC) is charged with maintaining stability and confidence in the nations financial system by insuring deposits, supervising financial institutions for soundness and managing failed banks when they are put into receivership. In the thrid quarter 2009 there were 552 banks on the FDIC problem bank list. The list is not made public for fear of a run on those banks.
The Federal Deposit Insurance Corporation (FDIC) is charged with maintaining stability and confidence in the nations financial system by insuring deposits, supervising financial institutions for soundness and managing failed banks when they are put into receivership. In the thrid quarter 2009 there were 552 banks on the FDIC problem bank list. The list is not made public for fear of a run on those banks.
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25th Oct 2009 In Banking
1 Answers | 94 Views
Subjects: banks,
banks failing,