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67

Proposed change in FDIC deposit insurance level is a positive step

In recent weeks there have been calls by several prominent newsmakers and economists to raise the level of FDIC insurance from $100,000 to $250,000. I truly believe that this move is a definite step in the...

2 comments    finance barack obama banking
54

FDIC - Are My Bank Deposits Insured?

The Federal Deposit Insurance Corporation is in serious trouble. The Federal Corporation (the FDIC is not a direct federal agency) run by Sheila Bair is practically insolvent. Ms. Bair has said that the fund...

2 comments    finance recession bankruptcy
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