On: FDIC Failed Bank List

[throwaway5959]

Lehman Brothers was an investment bank, different kind of bank.

[metadat → throwaway5959]

Are they not technically in the set of failed U.S. banks? What kind of banks are on the list?

Why are there "other" kinds of financial banks at all?

If you'd said a food bank, I'd understand the fundamental difference.

[oxguy3 → metadat]

I assume this is only for banks that take deposits, since that's the only kind of bank that the FDIC insures.

https://en.wikipedia.org/wiki/Investment_banking