Friday, September 18, 2009

FDIC out of money

FDIC May Tap Treasury Line to Bolster Fund, Bair Says

Sept. 18 (Bloomberg) -- The Federal Deposit Insurance Corp. is considering tapping a Treasury Department line of credit as the agency examines ways to replenish a reserve fund depleted by 92 bank failures this year, Chairman Sheila Bair said.

Tuesday Links, August 25

 Heading Toward the Cliff  Many Americans think the state can solve our economic woes. It's the state that caused them. Article by Jacob...