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View Full Version : Banks to Pay Higher Fees to Build FDIC Insurance Fund - Bloomberg



NewsWhore
05-22-2009, 06:20 PM
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Banks to Pay Higher Fees to Build FDIC Insurance Fund (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Da5Dd.tc668Oo%26refer%3Dhome&cid=1245049449&ei=YxkXSoiiGZfi6wPE6IyRAw&usg=AFQjCNF64KfoBhBP4CZQ3WFaspDcsSMmfQ)
Bloomberg
Comptroller of the Currency John Dugan, an FDIC board member, cast the lone dissent, citing concerns about “front loading” fees on banks in a recession. OCC-supervised banks would be responsible for 76 percent of the fee, or $4.3 billion of the FDIC ...


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