Bank Insurance

Federal bank insurance fund dwindling

AP | MARCY GORDON | Posted 10.18.2008 | Business


WASHINGTON — Banks are not the only ones struggling in the growing financial crisis. The fund established to insure their deposits is also feeli...

Warren Buffett No Longer Trusts Banks More Than The FDIC Does

Wall Street Journal | Damian Paletta | Posted 10.11.2008 | Business


Warren Buffett's Berkshire Hathaway Inc. has told one of its subsidiaries to stop insuring bank deposits above the amount guaranteed by the federal go...