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The FDIC's Gift to Banks

The agency's plan to raise roughly $45 billion to help dodge a cash crunch also offers a way for financial firms to boost capital and profits
Original publication date: 
Wednesday, September 30, 2009 (All day)

The Federal Deposit Insurance Corp. isn't the only beneficiary of a plan to refill its coffers. The proposal, which the banking regulator announced on Sept. 29, also offers an intriguing way for financial firms to boost their capital and raise their profits.

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