Notice is a historical project of the Committee for a Responsible Federal Budget, which tracked the money spent by the 2009 stimulus bill. This site is not regularly updated.

FDIC Bank Takeovers in 2008

Policy Area: 
Economic Target: 
Action Type: 
Maximum Amount: 
$234.00 billion
Amount Spent: 
$21.74 billion
Deficit Impact: 
$21.74 billion

FDIC takeovers of banks in 2008.


Although FDIC costs are counted on-budget, they should eventually be offset by proceeds from the sale of liquidated assets and higher premiums for deposit insurance. Maximum amount represents total value of deposits.  Amount spent represents FDIC-estimated cost to deposit insurance fund.



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