I don't know. But I assure you, I am not interested in paying that money. Let these banks, insurance companies, and hedge funds, take the loss, otherwise they will do it again.
Only bank depositers should be guaranteed. They can have a govt guarantee, perhaps in a newly set up national bank, if needed, and the rest must just be left to market forces.
I do believe that is the way it is currently set up. I agree 1000%.