Relevant:
- FDIC Extends the Debt Guarantee Component of Its Temporary Liquidity Guarantee Program
- U.S. Banks Had Second-Best Earnings Ever in 2012, FDIC Says
- Temporary Liquidity Guarantee Program Changes to Debt Guarantee Program Reporting Requirements
- Deposit Insurance Fund, UNoffcially
- It's Never Enough: Citigroup $12 Billion, Freddie Mac $35 Billion
2009-04-06 — ml-implode.com
FDIC Senior Banking Analyst Ross Waldrop told me during an interview last week that it’s because so-called “temporary†increases in deposit insurance are excluded. If included, these would boost total insured deposits from $4.8 trillion to $6.2 trillion.
FDIC’s total commitments would increase an additional $224 billion to $6.4 trillion if you include debt issued prior to the new year under FDIC’s “Temporary†Liquidity Guarantee Program.*
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