Webcast of FDIC's Quarterly Banking Profile. Chairman Sheila Bair says Q3 was the banking...

|By:, SA News Editor
Webcast of FDIC's Quarterly Banking Profile. Chairman Sheila Bair says Q3 was the banking industry's worst since 1990, and that losses are spreading to smaller institutions. FDIC's insurance fund was recently ~$35B; it expects higher premiums will offset increased bank failures.