Relevant:
- FDIC Considers Borrowing From Treasury to Shore Up Deposit
- Bair Says Insurance Fund Could Be Insolvent This Year
- FDIC Might Come Up A Little Short, Can Borrow From Treasury, Bair Says
- “Temporary†Deposit Insurance Will Be Extended to 2013
- Number of Troubled Banks Rises to 552; FDIC Fund Sinks Into the Red
2009-02-03 — ml-implode.com
"The Federal Deposit Insurance Corp is seeking to more than triple its credit line with the U.S. Treasury Department to $100 billion, a move to give it more financial power to handle U.S. bank failures, the agency said on Monday."
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