Budget Issues: Information on FDIC and FSLIC Notes Payable

AFMD-88-71FS Published: Aug 05, 1988. Publicly Released: Aug 05, 1988.

Highlights

Pursuant to a congressional request, GAO provided information regarding the dollar value of interest-paying notes the Federal Deposit Insurance Corporation (FDIC) and the Federal Savings and Loan Insurance Corporation (FSLIC) issued to assist: (1) failing banks to continue operations; and (2) acquirers to purchase failing banks.

Full Report

Full Report (8 pages)

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Chuck Young

Managing Director

youngc1@gao.gov

(202) 512-4800

Topics

Budget and Spending

Bank failuresBank managementBusiness assistanceFederal corporationsFinancial managementGovernment guaranteed loansInsured commercial banksLending institutionsLoan interest ratesLoan repayments