The latest news on FDIC
The legislation is now more than 400 pages long.
Former head of FDIC opposes the bailout.
The resolution of the banking crisis could be back to the future, Vernon Hill writes.
The bill will get passed, but it could have been so much better.
The government might expand its safety net for bank deposits.
Without a megabailout, regulators return to piecemeal solutions.
Customers can still get their cash—and still have to pay their mortgage.
Stockholders will get nothing, while secured debt holders will get 27 cents per dollar.
The feds take unprecedented actions to save the financial system.