Bank failures may potentially be on the rise. Recently, Berkshire Hathaway announced a decision to stop insuring deposits in excess of the FDIC's limits. This is a serious indicator of future bank failures, but the news will likely slip out of people's minds as the announcement came the same week as the Lehman Brothers crisis. This article explains why activity in the deposit insurance market is a highly sensitive indicator of future bank failures and the magnitude of the consequences.
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What Berkshire's Exit From the Deposit Insurance Business Indicates About Future Bank Failures
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