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Re: Confused, Why raise FDIC limit to $250,000
By:ray
Date: 9/30/08 5:13pm
In Response To: Confused, Why raise FDIC limit to $250,000 (Blue Mountain Drifter)

Theoretically it would hel those with more than $100,000 in a single isntitution and theoretically preevent them from withdrawing the money because any amount over $100,000 would not be insured in a single institution. In reality it is a joke, because you can take the money and spread it at different banks which if you ahve not done already, then perhaps under your mattress looks good.

Messages In This Thread

Confused, Why raise FDIC limit to $250,000 -- Blue Mountain Drifter -- 9/30/08 2:14pm
Re: Confused, Why raise FDIC limit to $250,000 -- Cat -- 10/2/08 7:24pm
Re: Confused, Why raise FDIC limit to $250,000 -- ray -- 9/30/08 5:13pm
Re: Confused, Why raise FDIC limit to $250,000 -- Blue Mountain Drifter -- 9/30/08 10:09pm
Re: Confused, Why raise FDIC limit to $250,000 -- ray -- 10/1/08 9:10am
Re: Confused, Why raise FDIC limit to $250,000 -- Roger -- 10/1/08 3:07pm
Don't see too many of these around... *NM* -- Bob and Pat -- 10/1/08 3:20pm
I thought best ever was Reagan, :) *NM* -- Lola -- 10/1/08 3:15pm
Re: I thought best ever was Reagan, :) -- Roger -- 10/1/08 3:22pm
You're saying Clinton wasn't qualified/desireable? -- Lola -- 10/1/08 3:49pm
Re: You're saying Clinton wasn't qualified/desirea -- Roger -- 10/1/08 4:06pm
Its just on Money Market accts, isn't it? *NM* -- Lola -- 10/1/08 11:57am
Re: Confused, Why raise FDIC limit to $250,000 -- JL -- 10/1/08 11:30am
Re: Protects Rich People *NM* -- Firemon -- 10/1/08 11:46am
Re: Protects Rich People -- Lola -- 10/1/08 12:24pm
Re: Protects Rich People -- Roger -- 10/1/08 3:09pm
Gosh, I couldn't guess -- Lola -- 10/1/08 3:35pm
Re: Protects Rich People -- JL -- 10/1/08 12:42pm
Re: Protects Rich People -- Island Girl -- 10/2/08 11:00am