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Commercial Real Estate Pushes $7.4 billion in FDIC Losses in One Day

05-03-2010 • MyBudget360.com

On Friday, the FDIC closed down 7 banks at a stunning cost of $7.4 billion to the FDIC. As we have mentioned, the FDIC deposit insurance fund (DIF) is already depleted yet the FDIC has front-loaded premiums to make sure they have a buffer...

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Commercial Real Estate Pushes $7.4 billion in FDIC Losses in One Day

FreedomsPhoenix.com