Excerpt from Oversight of the Fdic; Are Investors Cashing in on Fdic Mismanagement?: Hearing Before the Subcommittee on Oversight of Government Management of the Committee on Governmental Affairs, United States Senate, One Hundred Third Congress, First Session, November 9, 1993 Since 1980, almost banks in the United States have failed. In 1989 alone, over 200 banks closed their doors, leaving deposi tors, borrowers and entire communities at risk. In terms of bank failures, the 19808 were the worst period in banking history since the Great Depression. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.