Takeout: a run on the FDIC
When the Federal Deposit Insurance Corporation (FDIC) meets later today, it will have to address a key question raised by the tide of bank failures: will the the government agency run out of money? And what can they do about it?
When the Federal Deposit Insurance Corporation (FDIC) meets later today, it will have to address a key question raised by the tide of bank failures: will the the government agency run out of money? And what can they do about it? We speak with Louise Story, finance reporter for The New York Times.