No Room for Weak Links in the Chain of Deposit Insurance Reform

作者: Edward Kane

DOI: 10.3386/W2317

关键词:

摘要: Unrecognized and deferred losses at insured deposit institutions currently impair the capacity of nation's principal insurers (the FDIC FSLIC) both to discipline failing or take over insolvent ones. These agencies' accrued but unreported far exceed their explicit financial resources. Moreover, backlog unresolved problem cases exceeds workload that existing staffs can handle.

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