”˜No-Risk’ Insurance at F.D.I.C.
So how much does the F.D.I.C. think it might lose? “We project no losses,” Sheila Bair, the chairwoman, told me in an interview. Zero? Really? “Our accountants have signed off on no net losses,” she said. (Well, that’s one way … Continue reading ”˜No-Risk’ Insurance at F.D.I.C.
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