Federal Deposit Insurance Corporation

Management

Federal Deposit Insurance Corporation

Mitchell Glassman Director, Division of Resolutions & Receiverships June 23rd and 25th, 2008

Federal News Radio Custom Media@WTOPWFEDcustom

June 23, 2008 11:43 am

< a min read

Mitchell Glassman – Director, Division of Resolutions & Receiverships

Bank failures, more so than any other corporate collapse, directly undermines the stability and public confidence in the nation’s financial system. As a result, preventing and mitigating bank failures is major public policy concern and goes right to the core of the mission of the Federal Deposit Insurance Corporation, the FDIC.

Through its various programs, the FDIC seeks to mitigate and limit the ripple-effect bank failures have on the U.S. economy while maintaining the stability and public confidence in our national financial system.