Verkkothe global financial crisis of 2008 was the worst economic disaster since the great depression. It caused upheaval in financial markets around the. Verkkoin response to the banking crisis, the fdic had to deal with challenges relating to bank supervision, the management of the deposit insurance fund, and the. Banking industry research, including quarterly banking profiles, working papers, and state banking. Verkkoduffie says the united states has reduced the degree to which banks are “too big to fail,” via new procedures for an orderly restructuring of debts held by.
