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I SEE THE FDIC RASING INS FROM 100K TO 500K


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#1 Wavetimer

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Posted 29 September 2008 - 08:12 PM

If this done we will free up funds instead of bailout

#2 TheArchitect

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Posted 29 September 2008 - 08:59 PM

If this done we will free up funds instead of bailout



they need to do something... this was released 3 days ago:
FDIC Board to Consider Restoration Plan to Bolster the Deposit Insurance Fund

#3 zigzag

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Posted 29 September 2008 - 09:23 PM

If this done we will free up funds instead of bailout


In my oppinion that would only scare the stew out of everybody. Etrade tried that back in November from 100k FDIC to 500k FDIC and it didn't do squat as far as I can tell. Most know there is no gold standard anymore. They can say what they want. $trillion FDIC. WooHoo. I feel safe now.