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The Failed Bank List on the FDIC has quite a few examples. You can see dividend payouts from failed banks here: https://closedbanks.fdic.gov/dividends/ https:/
by colinmorelli 4y ago
The Failed Bank List on the FDIC has quite a few examples.
You can see dividend payouts from failed banks here: https://closedbanks.fdic.gov/dividends/ https://closedbanks.fdic.gov/dividends/
There are many examples of cases in which depositors take a 4-10% haircut, and receive it months or years after the failure (meaning the haircut is quite a bit larger when factoring for time).
- Scoundreller 4y agoThanks for that. Looks like the IndyMac uninsured did only get 50% on the uninsured portion. Was always wondering if they got more, but nope. (They did get lucky in that fdic limit was $100k and I think they retroactively upped it to $250k on this failure, but that probably hurt rather than helped anyone with over $500k or so). Many other examples of >10% losses, would be cool if someone did an analysis.