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To: Shermy

And GE will pay large amounts in insurance premiums to the FDIC for the privilege.

I can’t say whether or not the insurance is priced properly, but if it is, then value (insurance from the FDIC) is being given in return for value (insurance premiums from GE).


18 posted on 11/12/2008 3:26:13 PM PST by sitetest (If Roe is not overturned, no unborn child will ever be protected in law.)
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To: sitetest
And GE will pay large amounts in insurance premiums to the FDIC for the privilege.

Looks like they only have $5.5 billion or so in deposits. The premiums shouldn't be too bad.

50 posted on 11/12/2008 5:48:57 PM PST by PAR35
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