Wall, Larry D. - In: Economic Review 95 (2010)
Corporation Improvement Act of 1991 (FDICIA) to reduce taxpayers' exposure to financial system losses, including their exposure at … too big to fail financial institutions. In his new preface, the author observes that, by passing FDICIA, Congress was … signaling that it was serious about ending 100 percent de facto deposit insurance. He notes that FDICIA's least-cost resolution …