Bad loans are continuing to pile up while hundreds of banks suddenly find themselves on Uncle Sam's sick-list. What exactly does all this mean for the U.S. banking system and the Federal Deposit Insurance Corporation?
Please be sure to tune into the Kudlow Report this evening when I sit down for an exclusive one-on-one interview to discuss all this with FDIC Chairman Sheila Bair. We'll see whether or not they have the money to insure deposits.
KUDLOW REPORT. CNBC. 7PM ET.