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To: EBH
The FDIC said it will pay uninsured depositors an advanced dividend within the next week.

Why?! No more bailouts!
2 posted on 03/10/2023 9:49:33 AM PST by Skwor
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To: Skwor

PAY Uninsured?....................


3 posted on 03/10/2023 9:51:29 AM PST by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: Skwor
Why?! No more bailouts!

Not a bailout. It's a payment from the bank's funds of what the FDIC thinks will ultimately be recovered.

The depositor will take a haircut and it won't be tax dollars.

9 posted on 03/10/2023 9:57:33 AM PST by semimojo
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To: Skwor

You can relax:

https://www.investopedia.com/terms/a/advance-dividend.asp


30 posted on 03/10/2023 1:04:20 PM PST by 9YearLurker
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