FDIC is cashpoor

in dtube •  6 years ago 
dtube fdic failingbanks banks 10fold
6 years ago by

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      ·  6 years ago 

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        ·  6 years ago 

      I believe it. FDIC means squat in a major crisis anyway. If the banks holding the policy are suffering from a liquidity crunch, then there's no way the policy can be honored.

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          ·  6 years ago 

        you took the words right out of my mouth i love this comment. its true FDIC is just a fake false saftey net that makes people feel warm

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          2 votes