[Toddsterpatriot]

And what would happen in 2012 if a whole bunch of U.S. Banks went on a “Holiday”. Do you think the FDIC will cover your ATM withdrawal or auto-payed mortgage, electric, etc. bills the next day?

I think the FDIC has a line of credit with the Treasury.

[21twelve]

“I think the FDIC has a line of credit with the Treasury.”

Hard to tell if you are being serious or if that is a joke! My point was that I think in the early days of some “minor” bank runs the FDIC will cover things, but it may take awhile to get a system up and running if it is for multiple banks.