2009-08-04goingconcern.com

``The seizure by the FDIC will hit the regulator’s budget to the tune of at least $5.3 bil according to sources within the OTS. This, on top of what’s going on with Colonial bank failing, should wipe out what’s left of the FDIC’s budget. ''



Comments:

journalist at 02:43 2009-08-06 said:
There is a new update to this story. Bank analyst now say the cost to the FDIC insurance fund could be $8bn. Permalink

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