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Old 09-17-2008, 12:07 AM  
aico
Moo Moo Cow
 
Join Date: Mar 2004
Location: Washington State
Posts: 14,748
Those saying not to worry about the banks failing... heh.

Those of you in those banking threads saying people need to relax, the money is insured....

Well guess what?

"The Federal Deposit Insurance Corp., whose insurance fund has slipped below the minimum target level set by Congress, could be forced to tap tax dollars through a Treasury Department loan if Washington Mutual Inc., the nation's largest thrift, or another struggling rival fails, economists and industry analysts said Tuesday."

http://news.yahoo.com/story//ap/2008...eposits_safety
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