The Associated Press reports that the FDIC will require banks to pre-pay deposit insurance premiums. I guess that is to avoid the indignity of Sheila Bair having to ask Tim Geithner (who she reportedly loathes) for a bailout.
The Associated Press reports that the FDIC will require banks to pre-pay deposit insurance premiums. I guess that is to avoid the indignity of Sheila Bair having to ask Tim Geithner (who she reportedly loathes) for a bailout.
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