The latest bank seizure should bolster confidence in the ability of the federal government and systemically important financial institutions to address any subsequent landmines among small and medium-size lenders … READ MORE >
Federal Deposit Insurance Corporation
Fed launches $25 billion lending program to prevent bank run
The $25 billion Bank Term Funding Program was necessary to prevent a much larger crisis that would spread through the financial channel to the real economy and almost certainly tip the economy into recession. … READ MORE >