FDIC Chief of Insurance Is Crisis-Tested

Adler, Joe
December 2006
American Banker;12/27/2006, Vol. 171 Issue 247, p1
Trade Publication
The article focuses on Arthur Murton, Director of the Federal Deposit Insurance Corp.'s insurance and research division. On October 2, 2006 the FDIC approved Murton's plan to require most banks to pay premiums in 2007. The premium hike is expected to generate $600 million for the agency in the first year. Details relating to deposit insurance reform legislation are discussed.


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