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To: Deuce
I agree with you that the FDIC should be abolished. However, what does this mean:

6. Required matching of maturities of assets and liabilities for banking

Are you stating that if a bank is going to loan a 30 year mortgage that is must get 30 year commitments from depositors?

408 posted on 12/13/2001 8:07:38 PM PST by Rodney King
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To: Rodney King
Are you stating that if a bank is going to loan a 30 year mortgage that is must get 30 year commitments from depositors?

What do you think of the other's you are not responding to?

Explain why you posted #308.

Demand deposits can be invested in very short term t-bills.

Variable rate mortgages probably require 1 year CDs.

Anybody stupid enough to put out 30 yr fixed after what happened to the S&Ls in the 70s should just probably have their charters revoked as being sufficiently clueless.

409 posted on 12/13/2001 9:29:20 PM PST by Deuce
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