Merger mania during the 1990s has made the Bank Insurance Fund far more likely to run out of money in coming years, a Federal Deposit Insurance Corp. study has concluded.

The report, released Tuesday to the House and Senate Banking committees, compares the level of industry consolidation at yearend 1990 to that at mid-1999. It then estimates the likelihood that the bank insurance fund would become insolvent at some point during the next 50 years.

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