(Reuters) - Federal Deposit Insurance Corp (FDIC) might have to borrow money from the Treasury Department to see it through an expected wave of bank failures, the Wall Street Journal reported. The borrowing could be needed to cover short-term...
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Thursday, August 28, 2008
FDIC may borrow money from Treasury: report
Posted by A Family/Group Member at 8/28/2008 02:18:00 PM
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