The FDIC (Federal Deposit Insurance Corp.) is visably ramping up to handle more bank failures in the coming weeks and months.  It will soon sign a 5-year lease to add five floors to its Dallas, Texas office.

“The federal agency, which insures deposits and disposes of failed banks and their assets, will add 125,000 square feet to the 185,000 square feet it rented last year at 1601 Bryan St., a 49- story tower in downtown Dallas. That agency will add about 300 staff at the building, including some of the 69 retirees it is bringing back to help handle the increased workload, said spokesman Andrew Gray.”  Source Bloomberg