(GE) FDIC May Extend Debt Guarantees
The Federal Deposit Insurance Corporation (FDIC) may offer a six-month emergency extension to its debt-guarantee component of the Temporary Liquidity Guarantee Program (TLGP) that guarantees more than $270 billion of debt sold by U.S. banks. The FDIC is considering two alternatives. Under the first, as planned, the program would expire October 31st with the FDIC’s guarantee [...] (GE) FDIC May Extend Debt Guarantees
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