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sic transit gloria mundi
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858 Posts
Discussion Starter · #1 ·
Only $212 million in losses to them. I guess after last week's $8 billion :eek: beating, they needed to pass the hat around the office to cover this week.
 

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Wide awake
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1,963 Posts
Unfortunately, the FDIC is another smokescreen. They only keep about about $1.22 cents in reserve for every $100 that they insure.

Think your money is adequately insured? You might want to think again.
 

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Never Give up
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You think it would just be cheaper to fix the problem wouldnt you. Like instead of paying all that out for failure. If they would just take off some of the stupid regulations on small bussiness and to stop forcing all the jobs out of country.
 

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Wide awake
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1,963 Posts
You think it would just be cheaper to fix the problem wouldnt you. Like instead of paying all that out for failure. If they would just take off some of the stupid regulations on small bussiness and to stop forcing all the jobs out of country.
Absolutely. Unless of course, there was some other motive...
 
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