Business

April 7, 2009 12:28 PM

FDIC chief explains why big banks get special treatment

Government readily steps in when a small bank fails, which was the case last month when TeamBank failed. But it’s a whole different situation for the nation’s mega financial institutions, says Sheila Bair, chairman of the Federal Deposit Insurance Corp. They’re not just banks, you see.

Related content

Suggested for you

Comments