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global1 (1000+ posts) Send PM | Profile | Ignore | Tue Sep-30-08 03:12 PM Original message |
Raising The FDIC Limit To $250,000 Has Me Wondering ..... |
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Subdivisions (1000+ posts) Send PM | Profile | Ignore | Tue Sep-30-08 03:13 PM Response to Original message |
1. Nope. Not according to rumors that they are nearly broke. n/t |
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global1 (1000+ posts) Send PM | Profile | Ignore | Tue Sep-30-08 03:15 PM Response to Reply #1 |
3. So What Exactly Does Raising The Limit To $250,000 Accomplish Other..... |
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Subdivisions (1000+ posts) Send PM | Profile | Ignore | Tue Sep-30-08 03:18 PM Response to Reply #3 |
5. Scam Plan B? n/t |
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Stellabella (1000+ posts) Send PM | Profile | Ignore | Tue Sep-30-08 03:19 PM Response to Reply #3 |
6. Well, we don't want a panic and a run on the banks. |
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rucky (1000+ posts) Send PM | Profile | Ignore | Tue Sep-30-08 03:23 PM Response to Reply #3 |
8. It'll prevent them from having a false sense of insecurity |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Tue Sep-30-08 03:59 PM Response to Reply #3 |
10. It reduces the likelihood of bank runs. |
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kiranon (1000+ posts) Send PM | Profile | Ignore | Tue Sep-30-08 04:27 PM Response to Reply #3 |
13. Helps cover business accounts/payroll/operating expenses |
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ben_meyers (1000+ posts) Send PM | Profile | Ignore | Tue Sep-30-08 03:57 PM Response to Reply #1 |
9. What rumors? Even Senator Obama has stated that |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Tue Sep-30-08 04:00 PM Response to Reply #9 |
11. That's because of the deals that have been made thus far -- which might |
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galileoreloaded (1000+ posts) Send PM | Profile | Ignore | Tue Sep-30-08 04:39 PM Response to Reply #9 |
15. habba whozza WHAT? Did you miss the $14 billion to IndyMac??? n/t |
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Renew Deal (1000+ posts) Send PM | Profile | Ignore | Tue Sep-30-08 03:15 PM Response to Original message |
2. Wouldn't they have to raise their insurance premiums by 150%? |
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crazylikafox (1000+ posts) Send PM | Profile | Ignore | Tue Sep-30-08 03:17 PM Response to Original message |
4. answer: No, FDIC can't cover that amount. But..... |
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hfojvt (1000+ posts) Send PM | Profile | Ignore | Tue Sep-30-08 04:40 PM Response to Reply #4 |
16. good grief, any business that has over $100,000 in its accounts |
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annabanana (1000+ posts) Send PM | Profile | Ignore | Tue Sep-30-08 03:21 PM Response to Original message |
7. It just increases the taxpayer's liability. . It increases the amount of |
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avaistheone1 (1000+ posts) Send PM | Profile | Ignore | Tue Sep-30-08 04:18 PM Response to Original message |
12. Keep it at $100,000, People who have more should open $100,000 accounts at other banks. |
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kiranon (1000+ posts) Send PM | Profile | Ignore | Tue Sep-30-08 04:29 PM Response to Reply #12 |
14. Larger accounts allow for more lending by the bank . n/t |
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adamuu (1000+ posts) Send PM | Profile | Ignore | Tue Sep-30-08 06:45 PM Response to Reply #12 |
18. There are fewer banks now. After the mergers It is not as easy to spread out to multiple banks |
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ddeclue (1000+ posts) Send PM | Profile | Ignore | Tue Sep-30-08 04:42 PM Response to Original message |
17. Meaningless fluff - what % of individuals and small businesses even have 100k on deposit? |
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adamuu (1000+ posts) Send PM | Profile | Ignore | Tue Sep-30-08 11:55 PM Response to Original message |
19. kick n/t |
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Dover (1000+ posts) Send PM | Profile | Ignore | Wed Oct-01-08 12:02 AM Response to Original message |
20. Don't CDARS already have this function...and cover up to $50 million? |
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slipslidingaway (1000+ posts) Send PM | Profile | Ignore | Wed Oct-01-08 11:37 AM Response to Original message |
21. Kick n/t |
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