SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : The Obama - Clinton Disaster
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Wayners who wrote (28782)4/7/2010 12:32:30 PM
From: DuckTapeSunroof  Read Replies (1) of 103300
 
Re: "Our FDIC system is in that same position. I can see the Fed's forcing the taxpayers to cover people well beyond what FDIC was suppossed to cover, and FDIC can't really cover what is promises in the event of a really big event. They should fund these things in the same way engineers plan for unusual flood events..like designing for the 100 year flood or 500 year flood."

I'm sure you're right.

That's why they are trying to raise the fee that banks pay into the F.D.I.C. deposit insurance fund so it can handle another big collapse like we just had without having to go to the taxpayers for a bailout.

(The F.D.I.C. fund has been under-capitalized for years....)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News