The FDIC stands for the Federal Deposit Insurance Corporation. As of December 2007, it had $52.4 billion in reserves (the insurance fund) (audited) and as of March 2008, it had $52.8 billion. To read the FDIC financial reports, click on FDIC’s annual and financial reports.
“The FDIC insured $4.43 trillion in deposits as of March 31,” 2008.
To read the entire report, click on FDIC Fund Strained by Bank Failures May Lift Premiums (Update2).
For information on other economic collapses, click on Previous Economic Collapses.