Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • Federal Deposit Insurance Corporation Improvement Act of 1991

Etymologies

Sorry, no etymologies found.

Examples

  • Cutting the Gordian knot requires a clearly spelled out resolution mechanism for complex financial institutions, such as FDICIA imposes for the resolution of failed banks.

    The Economist: Correspondent's diary

  • Based on our research, the FDIC and its chair were ill-prepared to implement the so-called "systemic risk" provision of the Federal Deposit Insurance Corp. Improvement Act FDICIA of 1991.

    Sheila Bair's Legacy: Bailouts, Secrecy And Power Grabs

  • In 1991 the Congress moved to limit taxpayer exposure to losses at failed banks with the passage of FDICIA.

    Edward Harrison: The Trojan Horse In The Financial Reform Bill

  • The PCA provisions of FDICIA create a structured system of supervisory responses to declines in bank capital, culminating in the bank being forced into receivership within 90 days after its tangible equity capital dropped below two percent of total assets. (pp. 11-12)

    Edward Harrison: The Trojan Horse In The Financial Reform Bill

  • Early resolution of bank problems under the Federal Deposit Insurance Corporation Improvement Act of 1991 (FDICIA) appeared to have worked with smaller banks during periods of general prosperity.

    Addressing Systemic Risk

  • To get that done, the FDIC had to get approval from the Treasury, the President and the Federal Reserve under the 1991 FDICIA statute.

    Pre-emptive Plumbing

  • But in 1991, Congress passed the Federal Deposit Insurance Corporation Improvement Act (FDICIA) that limited the FDIC's ability to provide assistance to struggling but still solvent banks.

    The Paulson Sale

  • Whether or not the Paulson plan passes, President Bush should sign the FDICIA waiver.

    The Paulson Sale

  • Moreover, FDICIA requires that losses to the FDIC insurance fund from a too-big-to-fail rescue effort must be expeditiously recovered from a special assessment on the banks that contribute to the FDIC insurance fund.

    Brave New Fed

  • The purpose of FDICIA was to make sure that the only bank creditors protected by government bailouts should be those who enjoy the benefits of the FDIC's federally sponsored deposit insurance protection.

    Brave New Fed

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