How The FDIC Shuts Down Failed Banks - Official Video

Video - FDIC Resolution Process

For the record, the FDIC fights bank insolvency in a mediocre fashion, with very slow response times.  By the time the weekend team arrives for a shut-down, losses are massive.

Adam Levitin Tells Congress: Citigroup, Bank Of America, JPMorgan & Wells Fargo Are All INSOLVENT

Richard Suttmeier: Half Of U.S. Banks Are So Insolvent They CAN'T Make Any New Loans (VIDEO)

When The Books Were Finally Opened, Colonial Bank Wasn't Just Insolvent, It Was Mega Insolvasorus

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