Word: econostat
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Three days later the President signed the bill and many a good banker began to worry about the prospect of having his profits taken to pay the losses of bad bankers. Econostat, statistical weekly, calculated that if the deposit guarantee scheme had been in force from 1928 to 1932, 62% of the net profits of solvent banks would have been taken to pay the losses of closed banks. The banks of New England and the Middle Atlantic States having 61.5% of U. S. deposits would have had to pay 61.5% of all losses although only 19% of the bank failures...
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