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In those days there was no deposit insurance of any sort.
"The President is trying to get deposit insurance back in line with market discipline."
Once again, the exclusion of deposit insurance has no effect.
The most important change was a new provision for deposit insurance.
Computer technology has also played a role in changing the nature of deposit insurance.
In response, the central bank introduced deposit insurance that year.
"They really understand that the deposit insurance funds make up the losses."
Operations will continue as normal, and Federal deposit insurance remains in place.
As Roosevelt had suggested, deposit insurance would not begin for one year.
I have always supported adequate deposit insurance and will continue to do so.
There will be no change in the Federal deposit insurance coverage at the banks.
The dispute over deposit insurance is not without some irony.
The Bush plan also calls for higher premiums on the institutions' deposit insurance.
All deposit insurance resources reflect this higher level of coverage.
There was no federal deposit insurance during that time as bank failures were considered quite common.
Congress did not pour money into a nearly empty deposit insurance fund.
Ways to strengthen the bank deposit insurance program are being sought by the Administration.
As is the case with the deposit insurance fund, Congress has no choice but to approve this money.
All possible solutions to the deposit insurance problem have powerful opponents.
The proposal comes at a time when concern over the health of the nation's deposit insurance fund is growing.
Before the advent of deposit insurance, bankers knew what was needed to head off a bank run.
I have an alternate proposal for the bank deposit insurance crisis.
They have unique Government support mechanisms (deposit insurance, for example) not available to commercial companies.
The proposed limitations on deposit insurance come at a difficult time for the nation's banks.
Instead, the Treasury was directed to conduct an 18-month study on deposit insurance.