Last summer, well before the recent economic collapse and passage of the Emergency Economic Stabilization Act, the Federal Deposit Insurance Corp. was projecting significant failures that would necessitate an increase in the Deposit Insurance Fund balance.

Now, in light of the magnitude of the financial crisis and predictions of a severe recession, troubled banks may soon fall like dominos into insolvency. Taxpayer funds may be needed to help the fund meet the FDIC's receivership needs.

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.