GoFuckYourself.com - Adult Webmaster Forum - View Single Post - FDIC only has $50 Billion to insure bank accounts...

Juicy D. Links · 09-15-2008, 11:49 AM

That "run" could accelerate as people realize the FDIC fund has about $50 billion to "insure" about $1 trillion in assets at the nation's financial institutions, says Roubini. "They're going to run out of money" unless Congress acts soon to recapitalize the FDIC.

09-15-2008, 11:49 AM
Juicy D. Links So Fucking Banned Industry Role: Join Date: Apr 2001 Location: N.Y. -Long Island -- Posts: 122,992	FDIC only has $50 Billion to insure bank accounts... That "run" could accelerate as people realize the FDIC fund has about $50 billion to "insure" about $1 trillion in assets at the nation's financial institutions, says Roubini. "They're going to run out of money" unless Congress acts soon to recapitalize the FDIC.