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Re: Confused, Why raise FDIC limit to $250,000
By:ray
Date: 10/1/08 9:10am
In Response To: Re: Confused, Why raise FDIC limit to $250,000 (Blue Mountain Drifter)

That is a good question. I donlt know if it is per depositor or per account. But check this:

remember that post you made about "bailing out FDIC". You were dead on there. Current they only have less than $5 billion on hand to insure 3 trillion in deposits. They have hte ability to borrow directly only 30 Billion directly from the treasury. I saw a spot last night that said if something awful happened, the American taxpayer would need bailout FDIC. Good insight and forethinking BMD! So what good does it really do raising hte limit anyway?

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