[JasonC]

There is nothing broke about the FDIC, but it is plain as a pikestaff that you wish it were. And it is clear enough why, too...

[Centurion2000]

There is nothing broke about the FDIC, but it is plain as a pikestaff that you wish it were.

This so genius? Then do you want to explain then why the FDIC is not moving on banks that are publicly posting negative capital ratios then? Colonial, Guaranty and Corus .... BY LAW these banks should have been siezed as insolvent banks. FDIC has not moved to secure these banks and protect depositors.

FDIC hasn't moved because they CAN'T ... they are broke.