Sep
23
2009
GDP’s Debt to Credit
Posted by: in Mortgage Loan News, tags: Acceleration, Bank Failures, Board Of Directors, Bulls, Credit News, Deposit Insurance Fund, Emergency Line, Excerpt, Fdic Board, Gdp, Georgetown University, Insurance, News Sources, Sheila, Stock Market, Treasury
News Sources 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
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
Read the rest of this great post here
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