US in 'once-in-a-century' financial crisis : GreenspanTop Economist: Americans Should Worry About Bank Deposits if Congress Doesn't Act
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"That "run" could accelerate as people realize the FDIC fund has about $50 billion to "insure" about $1 trillion in assets at the nation's financial institutions, says Roubini. "They're going to run out of money" unless Congress acts soon to recapitalize the FDIC."Breaking News 9/16/08
Government announces $85 billion loan to save AIG
Government announces $85 billion loan to save AIG
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