FDIC looking to tap healthy banks for funds (user search)
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  FDIC looking to tap healthy banks for funds (search mode)
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Author Topic: FDIC looking to tap healthy banks for funds  (Read 483 times)
Swing low, sweet chariot. Comin' for to carry me home.
jmfcst
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Posts: 18,212
United States


« on: September 22, 2009, 12:05:03 PM »
Quote from: Senator North Carolina Yankee on September 22, 2009, 07:16:36 AM
http://finance.yahoo.com/news/FDIC-may-tap-US-banks-for-rb-2078843683.html?x=0&sec=topStories&pos=6&asset=&ccode=


This is why I don't like populism. The FDIC is an insurance policy for our bank deposits and its what makes our banks safer then many in the world. They shouldn't be prevented from doing there job because of public anger. Tap the Treasury for emergency funds if need be.

agreed.  now is not the time to add costs to the banks
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