THIS scares me: from Jonathon Turley's website

[snappyturtle]

58. It doesn't. What I meant to say was that from the beginning to the end of

the document, 'unsecured creditors' is used in lieu of 'depositors'.
Ellen Brown 'thinks' this for good reason. I will give you a couple
of links to further expand this topic.

The only time I saw the actual term depositor used in the resolution
document was in direction to the banks to establish good communication
with their depositors that their deposits are 'protected'. It doesn't say
insured only protected. Throughout the doc, many times over, reference
is made that taxpayer dollars or public funds wouldn't bail out a future
crisis. This is the FDIC speaking and they don't speak of their insurance.
Odd, imho.

Anyway, I hope these links will give you more info into the topic.

http://webofdebt.wordpress.com/2013/03/21/a-safe-and-a-shotgun-or-public-sector-banks-the-battle-of-cyprus/ This is by Ellen Brown

http://www.collapsingintoconsciousness.com/depositors-are-now-unsecured-creditors/