WASHINGTON — For nearly 10 years, the top officials at the Federal Deposit Insurance Corp. warned about the danger of the declining level of federal reserves, but a funny thing happened when the Deposit Insurance Fund finally went broke in 2009: Nobody cared.

An event that once would have caused jaws to drop and cable commentators to panic was barely a blip on the radar.

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.