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Poll_Blind (1000+ posts) Send PM | Profile | Ignore | Fri Jul-29-11 04:09 PM Original message |
FDIC deposit insurance affected in a default situation? |
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drm604 (1000+ posts) Send PM | Profile | Ignore | Fri Jul-29-11 04:11 PM Response to Original message |
1. Good question. |
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banned from Kos (1000+ posts) Send PM | Profile | Ignore | Fri Jul-29-11 04:12 PM Response to Original message |
2. Not at all. Although the FDIC is low on funds the safety of US deposits |
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SheilaT (1000+ posts) Send PM | Profile | Ignore | Fri Jul-29-11 04:14 PM Response to Original message |
3. I seriously doubt there's anything to worry about. |
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westerebus (1000+ posts) Send PM | Profile | Ignore | Fri Jul-29-11 04:21 PM Response to Original message |
4. Depends on the panic. |
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banned from Kos (1000+ posts) Send PM | Profile | Ignore | Fri Jul-29-11 04:26 PM Response to Reply #4 |
6. "break the buck" - I had forgotten about that. |
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westerebus (1000+ posts) Send PM | Profile | Ignore | Fri Jul-29-11 05:20 PM Response to Reply #6 |
10. The FED won't be there for depositors. |
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Renew Deal (1000+ posts) Send PM | Profile | Ignore | Fri Jul-29-11 04:26 PM Response to Original message |
5. That should make for quite an exciting Bank Bust Friday! |
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DevonRex (1000+ posts) Send PM | Profile | Ignore | Fri Jul-29-11 04:30 PM Response to Original message |
7. All I know is that salary, current retirement check and an ongoing |
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PoliticAverse (1000+ posts) Send PM | Profile | Ignore | Fri Jul-29-11 04:32 PM Response to Original message |
8. FDIC insured deposits will still be paid if necessary eventually. n/t |
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Poll_Blind (1000+ posts) Send PM | Profile | Ignore | Fri Jul-29-11 04:37 PM Response to Original message |
9. Thank you all for taking the time to answer or give an opinion! |
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PA Democrat (1000+ posts) Send PM | Profile | Ignore | Fri Jul-29-11 05:24 PM Response to Original message |
11. The FDIC is technically not funded by the government |
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DU AdBot (1000+ posts) | Mon May 13th 2024, 05:33 PM Response to Original message |
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