[Dubya-M-DeesWent2SyriaStupid!]

Google FDIC Insolvent.

Bair Says Insurance Fund Could Be Insolvent This Year (Update1)

http://www.bloomberg.com/apps/news?pid=washingtonstory&sid=alsJZqIFuN3k

http://www.ascotadvisory.com/Incorporations_Directory/Bank_Insurance_FDIC.html

http://www.google.com/search?sourceid=navclient&ie=UTF-8&rlz=1T4GZEZ_enUS313US313&q=FDIC+INSOLVENT

[JasonC]

You can't read. "Could be" refers to future losses. And it predates the treasury backstop which directly solved this. Bair was sensibly calling for additional measures to prevent any anxiety over FDIC insurance, at the bottom of the market, in March. Her concerns were professionally addressed. Your continuing to smear banks over it is irresponsible doom mongering crap. Stop it yesterday.