[JasonC]

Nonsense. They have ordered dozens of banks closed in the last month. Sometimes they arrange for a bank to be taken over by a solvent one - it is much less disruptive to depositers. How they resolve each one is a prudential matter. No depositer is losing anything. The FDIC can call on hundreds of billions if it needs them, it simply doesn't. Your rumor mongering is just a pathetic lie, nothing else.

[Centurion2000]

They have ordered dozens of banks closed in the last month.

Yes they have ... the little ones. The three big I just mentioned have not been seized or closed in violation of the statutes that the FDIC operates under.

Oh look .... no rumors just numbers and FACTS.

See that little 826 at the bottom of the chart? That's the FDIC's balance. They have 826 million left ... that's IT.

Sure they can call the backstopped Treasury line of credit. And in doing so they WILL precipitate a bank run when they tap it. You ready to print up to roughly 23 trillion dollars to cover it?

Rumormongering? Try quoting facts and doing something most people call debate before resorting to insults.

[rabscuttle385]

No depositer is losing anything.

I find it ironic (and funny) that you whine about another Freeper's spelling at 61 and then commit your own grammatical faux pas three posts later.