“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.
No joke.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=anA40Xh8bco4
but it may take awhile to get a system up and running if it is for multiple banks.
It would take longer with no money.