This article was on MSN Money a few days ago. Thought I'd post it for anyone interested who may have missed it.

Warning: Worldwide Wipeout Ahead
http://articles.moneycentral.msn.com/Investing/SuperModels/warning-world...

In addition to the information on the global markets, I found the information about the FDIC of interest.

According to the article:

"Chris Whalen, the managing director of Institutional Risk Analytics, has told Dow Jones Newswires that he expects 110 banks with $850 billion in assets to fail by next July, which is eight times the Federal Deposit Insurance Corp.'s reserves. "