Negative Balance, Fdic In The Red | featured news

negative balance, fdic in the red
(Image from article: "FDIC Fund Sinks Into the Red")

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FDIC Fund Sinks Into the Red

FDIC Fund Sinks Into the Red

The FDIC said the number of distressed banks in the U.S. rose to the highest level in 16 years, and the insurance fund to protect depositors swung to a negative balance.

 

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