Federal Deposit Insurance Corp. Chairman Sheila Bair said Friday her agency may tap its $500 billion credit line with the U.S. Treasury to replenish its deposit insurance fund, though she appeared cautious about doing so.
"We are carefully considering all options" including borrowing from the Treasury, Ms. Bair said Friday after a speech in Washington.
Friday, September 18, 2009
FDIC Considers Borrowing From Treasury to Shore Up Deposit Insurance
The Wall Street Journal reports:
