All Topics  
Federal Deposit Insurance Corporation Improvement Act of 1991

 

 
   Email Print
   Bookmark   Link
 

 

Federal Deposit Insurance Corporation Improvement Act of 1991
 
 
  Topics Federal Deposit Insurance Corporation Improvement Act of 1991 Topic Home

The Federal Deposit Insurance Corporation Improvement Act of 1991 (FDICIA), passed during the Savings and loan crisis
Savings and Loan crisis

The savings and loan crisis of the 1980s and 1990s was the failure of 747 savings and loan associations in the United States. The ultimate cost of the crisis is estimated to have totaled around United States dollar160.1 billion, about $124.6 billion of which was directly paid for by the U.S....
, strengthened the power of the Federal Deposit Insurance Corporation
Federal Deposit Insurance Corporation

The Federal Deposit Insurance Corporation is a :Category:Government-owned companies in the United States created by the Glass-Steagall Act of 1933....
.

It allowed the FDIC to borrow directly from the Treasury department
Department of the Treasury

Several countries have a Department of the Treasury. These departments include:* Department of the Treasury * United States Department of the Treasury...
 and mandated that the FDIC resolve failed banks using the least-costly method available. It also ordered the FDIC to assess insurance premiums according to risk and created new capital
Capital (economics)

In economics, capital or capital goods or real capital refers to factors of production used to create goods or services that are not themselves significantly consumed in the production process....
 requirements.








Discussion
Ask a question about 'Federal Deposit Insurance Corporation Improvement Act of 1991'
Start a new discussion about 'Federal Deposit Insurance Corporation Improvement Act of 1991'
Answer questions from other users
Full Discussion Forum



Encyclopedia


The Federal Deposit Insurance Corporation Improvement Act of 1991 (FDICIA), passed during the Savings and loan crisis
Savings and Loan crisis

The savings and loan crisis of the 1980s and 1990s was the failure of 747 savings and loan associations in the United States. The ultimate cost of the crisis is estimated to have totaled around United States dollar160.1 billion, about $124.6 billion of which was directly paid for by the U.S....
, strengthened the power of the Federal Deposit Insurance Corporation
Federal Deposit Insurance Corporation

The Federal Deposit Insurance Corporation is a :Category:Government-owned companies in the United States created by the Glass-Steagall Act of 1933....
.

It allowed the FDIC to borrow directly from the Treasury department
Department of the Treasury

Several countries have a Department of the Treasury. These departments include:* Department of the Treasury * United States Department of the Treasury...
 and mandated that the FDIC resolve failed banks using the least-costly method available. It also ordered the FDIC to assess insurance premiums according to risk and created new capital
Capital (economics)

In economics, capital or capital goods or real capital refers to factors of production used to create goods or services that are not themselves significantly consumed in the production process....
 requirements.

External links