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The "Calculated Risk" blog reports on bank failure, and even in 2010 (11?) when literally hundreds of banks failed there were only a couple cases in which the F
by GFK_of_xmaspast 13y ago
The "Calculated Risk" blog reports on bank failure, and even in 2010 (11?) when literally hundreds of banks failed there were only a couple cases in which the FDIC had to pay anything out.
- defen 13y agoHow does that reconcile with this article: http://online.wsj.com/news/articles/SB10001424052748704396504576204752754667840 http://online.wsj.com/news/articles/SB1000142405274870439650... which states that "The fund had a balance of negative $7.4 billion as of Dec. 31, though that was an improvement from the $20 billion hole it was in at the end of 2009."