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Donotunderstand

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Re: Robert from yahoo bd post# 750619

Sunday, 03/12/2023 10:48:03 AM

Sunday, March 12, 2023 10:48:03 AM

Post# of 793301
I guess so

But then ? why have limits on FDIC ?

Should that be raised to infinite and COST the bank or depositor more money than now?

IMO --- non economist --- I hope the bank is bought by another (maybe with behind the scenes agreements - say GOV as reinsurer)

IMO - if the bank has assets - at current market value to pay off 90% of deposits depositors then what is the fuss
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