on Mar 5th, 2009FDIC says insurance fund may dry up - Boston Globe

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WASHINGTON - Chairwoman Sheila Bair said the fund the Federal Deposit Insurance Corp. uses to protect customer deposits at US banks could dry up amid a surge in bank failures. She was responding to an industry outcry against new fees approved by the …


Insurance Workers Win Mega Millions - AOL

WHITEHOUSE STATION, N.J. (March 4) It may go down as the best memo Bob Space ever wrote: We won the big one! He sent it Wednesday morning to nine fellow employees at an insurance company in central New Jersey who may soon share a $216 million …


FDIC
s chairman warns bank deposit insurance fund could run out of … - Cleveland Plain Dealer Blog

Associated Press File FDIC Chairman Sheila Bair: Without substantial amounts of additional assessment revenue in the near future, current projections indicate that the fund balance will approach zero or even become negative. WASHINGTON — The head …

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