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Home » Store » Taxable » Mounting Bank, Thrift Losses Imperil FDIC Insurance Fund

Mounting Bank, Thrift Losses Imperil FDIC Insurance Fund

$50.00
Taxable

Product Details

The Federal Deposit Insurance Corp. has raised new warnings about more possible bank failures due to increasing losses in subprime mortgage and consumer loans. Subprime lending could pose significant risks to the deposit insurance fund in the months ahead, the agency said. “The single most likely source of significant insurance losses related to the failure of the FDIC-insured institutions in the near-term is subprime consumer lending,” the FDIC said in a recent update on
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