How about this idea. How about $100 trillion per account.
Just get that printing press going!
And Sheila Bair is the worst of 'em.
And this is gonna cost us trillions.
FDIC Asks Congress to Increase Bank Deposit Insurance
The Federal Deposit Insurance Corp. wants Congress to increase temporarily the $100,000 ceiling on bank deposits guaranteed by the government.
October 02, 2008
FLASH: The FDIC, completely out of money and run by an incompetent crony monkey, wants Congress to raise limits to some unknown amount.
Posted by blogger at 10/02/2008