5min chapter

Forward Guidance cover image

The Return Of Bank Runs | Sheila Bair, Former FDIC Chair

Forward Guidance

CHAPTER

The History of the FDIC

Former FDIC chief: "We didn't let them fail, but they still pulled back on credit" He says that's what we've sent the economy into a no-sti. The rapidity of withdrawals was totally different during the depths of the financial crisis. But he does think it is important to give depositors unlimited coverage.

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