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To: rabscuttle385

How much money is the FDIC down to now?


3 posted on 07/11/2009 11:05:02 AM PDT by djsherin (Government is essentially the negation of liberty.)
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To: djsherin

Not sure, but another IndyMac might sink the FDIC.


4 posted on 07/11/2009 11:06:54 AM PDT by rabscuttle385 ("If this be treason, then make the most of it!" —Patrick Henry)
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To: djsherin

....the way I understand it the FDIC will send a bill to it’s member banks when it needs money...the good banks have to pony up for the bad....what happens when there’s more bad than good?.....never mind, it’s too frightening to think about.

....check out your own bank here....you might get a little wake up call as to it’s stability:
http://www.bankrate.com/rates/safe-sound/bank-ratings-search.aspx?t=cb


10 posted on 07/11/2009 12:49:43 PM PDT by STONEWALLS
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