Federal Deposit Insurance Reserves fell to .4 percent in December 2008. In December 2007 the ratio was 1.22 percent. This was the lowest ratio since June 1993 when it was .28 percent. Over the same period the number of FDIC determined "problem institutions" increased from 76 to 252. See FDIC paints bleak banking picture at MarketWatch and FDIC.
Thursday, February 26, 2009
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