$250,000 per depositor. Correct?
“$250,000 per depositor. Correct?”
That is correct.
“$250,000 per depositor. Correct?”
Neither Kasich nor Cruz seemed to know that depositors are protected up to the FDIC limit.
If a bank fails depositors won’t be hurt as long as they keep their accounts below the FDIC limit
It’s investors in the banks who wanted to be bailed out and shouldn’t be. They took the risks knowing that bank stock can go under.