FDIC adds 54 more banks to its 'problem list'

Discussion in 'Stock Market' started by DanK, Nov 25, 2008.

  1. DanK
    Offline

    DanK Administrator Staff Member

    Joined:
    Nov 7, 2008
    Messages:
    202
    Thanks Received:
    64
    Trophy Points:
    78
    Location:
    Sunny New Mexico
    Ratings:
    +76
    It just doesn't seem to stop!
     
  2. Paulie
    Offline

    Paulie Platinum Member

    Joined:
    May 19, 2007
    Messages:
    31,483
    Thanks Received:
    4,840
    Trophy Points:
    1,130
    Ratings:
    +15,266
    It's not going to for a while. Might as well get used to it.
     
  3. Care4all
    Offline

    Care4all Warrior Princess Supporting Member

    Joined:
    Mar 24, 2007
    Messages:
    32,676
    Thanks Received:
    6,600
    Trophy Points:
    1,170
    Location:
    Maine
    Ratings:
    +11,023
    as they fall....do we, the tax payer pick up the bill.....the FDIC insurance covering the $200k per account?

    I realize that the banks paid a premium for this while operating.....at least this is what i thought?

    But since the congress increased the FDIC coverage from $100k to $200k, i'm certain there is not enough money in the kitty from actual bank premiums to cover the $200k...in my opinion, there isn't enough in this kitty to cover all the losses that will take place in this recession/depression.

    but i am just presuming this....don't know for certain....
     
  4. DavidS
    Offline

    DavidS Anti-Tea Party Member

    Joined:
    Sep 7, 2008
    Messages:
    9,811
    Thanks Received:
    766
    Trophy Points:
    48
    Location:
    New York, NY
    Ratings:
    +767
    I think this belongs in the economy sub-forum.
     
  5. Andrew2382
    Offline

    Andrew2382 Gold Member

    Joined:
    Oct 1, 2008
    Messages:
    3,994
    Thanks Received:
    530
    Trophy Points:
    153
    Ratings:
    +537
    is there a link that lists the banks in question?
     

Share This Page