To: STARWISE
What about the FDIC insurance? One would still be protected by that.
To: Freedom of Speech Wins
Ping to post #40.
Article at Reuters is related and basically sounds like FDIC is defunct in that scenario.
41 posted on
08/11/2012 8:20:36 AM PDT by
EBH
(Obama took away your American Dreams and replaced them with "Dreams from My (his) Father".)
To: Freedom of Speech Wins
What about the FDIC insurance? "F" stands for "Federal." Fedgov is severely in the red. In a major collapse, where would they get the money to back up deposits?
45 posted on
08/11/2012 9:32:58 AM PDT by
matt1234
(Bring back the HUAC.)
To: Freedom of Speech Wins
What about the FDIC insurance? One would still be protected by that.
If you do some research you will find that FDIC is currently insolvent but HOPES to be solvent in the next 5-10 years.
56 posted on
08/11/2012 1:48:26 PM PDT by
PeterPrinciple
( (Lord, save me from some conservatives, they don't understand history any better than liberals.))
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