As Mandated, FDIC Takes Center Stage Amid Crisis

Law360, New York (October 21, 2008, 12:00 AM EDT) -- While the Federal Deposit Insurance Corp.'s response to the credit crisis suggests it is flexing greater regulatory muscle than ever before, banking experts and attorneys say this proactive behavior simply means the agency is doing its job, and that it is too early to predict what type of role the FDIC might adopt in a restructured banking regulatory system.

In the past month, the FDIC has been at the forefront of measures designed to restore confidence in the faltering economy. It raised deposit insurance from $100,000...
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