To the Editor:

It would appear to me that before the FDIC takes on any new responsibilities ["New Powers Mean New Questions for FDIC," April 7], they should have a stress test performed by a totally independent organization to determine how many bank failures they would be able to absorb in a three, six and twelve month period.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.