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Politics : President Barack Obama
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To: tejek who wrote (25759)7/12/2008 10:27:49 PM
From: sylvester80  Read Replies (2) of 149317
 
It may fail but no FDIC bank should ever fail because of a run on it (like what ended up happening to IndyMac). These are FDIC insured institutions. Nobody is going to lose a red cent (as long as you don't have more than the insurance (usually up to 200K for a married couple. So maybe the bank will fail but that's not a reason to pull your money out of it as all the money is guaranteed by the FDIC.
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