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IPFS News Link • Economy - Economics USA

FDIC Fund Strained by Bank Failures May Lift Premiums

8-12-2008 • Bloomberg

The failure of IndyMac Bancorp Inc. and seven other banks this year may erase as much as 17 percent of a government insurance fund and raise premiums for all banks, from Franklin National of Minneapolis to Bank of America Corp.

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Reported By Powell Gammill

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FDIC Fund Strained by Bank Failures May Lift Premiums

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