The FDIC's insurance fund, which guards $6.2 trillion in U.S. deposits, fell to $10.4 billion at the quarter's end, the lowest since mid-1993. The report also spotlighted a potential risk to the broader economy. Banks are socking away cash and limiting risky business, leaving them less capital to lend and thus constricting credit just as the economy appears poised to revive. At a news conference Thursday, FDIC Chairman Sheila Bair acknowledged “credit problems will outlast the recession by at least a couple of quarters.” Ms. Bair said FDIC officials were in discussions with the Treasury Department about ways to direct.

http://online.wsj.com/article/SB125137695691263...

The FDIC's insurance fund, which guards $6.2 trillion in U.S. deposits, fell to $10.4 billion at the quarter's end, the lowest since mid-1993. The report also spotlighted a potential risk to the broader economy. Banks are socking away cash and limiting risky business, leaving them less capital to lend and thus constricting credit just as the economy appears poised to revive. At a news conference Thursday, FDIC Chairman Sheila Bair acknowledged “credit problems will outlast the recession by at least a couple of quarters.” Ms. Bair said FDIC officials were in discussions with the Treasury Department about ways to direct.

http://online.wsj.com/article/SB125137695691263...

The FDIC's insurance fund, which guards $6.2 trillion in U.S. deposits, fell to $10.4 billion at the quarter's end, the lowest since mid-1993. The report also spotlighted a potential risk to the broader economy. Banks are socking away cash and limiting risky business, leaving them less capital to lend and thus constricting credit just as the economy appears poised to revive. At a news conference Thursday, FDIC Chairman Sheila Bair acknowledged “credit problems will outlast the recession by at least a couple of quarters.” Ms. Bair said FDIC officials were in discussions with the Treasury Department about ways to direct.

http://online.wsj.com/article/SB125137695691263...