Stimulus.org - Bank Takeover

FDIC Bank Takeovers in 2010

Jason Peuquet — Mon, 11 Jan 2010 14:27:31 +0000

Bank Takeovers in 2010

Policy Area:

Financial Sector Policy

Economic Target:

Depository Institutions

Action Type:

Bank Takeover

Maximum Amount:

79874600000

Amount Spent:

22170200000

Deficit Impact:

22170200000

This entry tracks FDIC takeovers of banks in 2010.

Source:

Federal Deposit Insurance Corporation Bank Failure List

Notes:

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

Is not a top-level node

FDIC Bank Takeovers in 2008

Maya MacGuineas — Fri, 10 Jul 2009 19:57:53 +0000

Bank Takeovers in 2008

Policy Area:

Financial Sector Policy

Economic Target:

Depository Institutions

Action Type:

Bank Takeover

Maximum Amount:

234000000000

Amount Spent:

21740000000

Deficit Impact:

21740000000

FDIC takeovers of banks in 2008.

Source:

Federal Deposit Insurance Corporation 2008 Bank Failure List

Notes:

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.

Is not a top-level node

FDIC Bank Takeovers in 2009

Maya MacGuineas — Fri, 10 Jul 2009 19:55:57 +0000

Bank Takeovers in 2009

Policy Area:

Financial Sector Policy

Economic Target:

Depository Institutions

Action Type:

Bank Takeover

Maximum Amount:

125719900000

Amount Spent:

36465000000

Deficit Impact:

36465000000

FDIC takeovers of banks in 2009.

Source:

Federal Deposit Insurance Corporation 2009 Bank Failure List

Notes:

Is not a top-level node