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The Chicago School
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Michael Ohlrogge
Michael Ohlrogge is an associate professor of law at NYU School of Law.
Regulation
Why Have Uninsured Depositors Become De Facto Insured?
Michael Ohlrogge
Due to a change in how the FDIC resolves failed banks, uninsured deposits have become de facto insured. Not only is this dangerous for risk in the banking system, it is not what Congress intends the FDIC to do, writes Michael Ohlrogge.
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