Mercantile Bank

The government's policy of insuring all the deposits at large regional banks has contributed significantly to the financial problems of the Federal Deposit Insurance Corp., according to H. Furlong Baldwin, chairman and chief executive officer of Mercantile Bankshares Corp."It [the FDIC] would not be in the jam it is today," Baldwin told the bank's shareholders at the annual meeting yesterday.The government's so-called "too-big-to-fail" policy was evident at the beginning of the year when regulators took over the Bank of New England, one of the largest banks in that region.

Different Looks, a Pennsylvania-based distributor of ribbons, bows, wrapping paper and gift bags, has decided to relocate to the Baltimore area, opening a headquarters in White Marsh and a warehouse distribution center near the city's port.The company, a subsidiary of Pennsylvania-based Berwick Industries, has leased 7,000 square feet of space in White Marsh next to White Marsh Mall for a headquarters and showroom.The company has leased an additional 75,000 square feet of warehouse distribution space at the Point Breeze Business Center in East Baltimore, near the Seagirt Marine Terminal.