
Now-needy FDIC collected little in premiums
With fund going strong, banks didn't pay for decade
WASHINGTON - The federal agency that insures bank deposits, which is asking for emergency powers to borrow up to $500 billion to take over failed banks, is facing a potential major shortfall in part because it collected no insurance premiums from most banks from 1996 to 2006. (Full article: 1017 words)
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