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MrBankRoll

03/16/09 4:40 PM

#742 RE: NovoMira #740

More Mind-Numbing Stupidity
By Alyce Lomax
March 16, 2009

In yet another piece of news that makes me wonder what planet I am living on, it turns out the Federal Deposit Insurance Corporation (FDIC) failed to collect premiums from many banks for 10 years. That's hardly heartening, since the FDIC may need to turn to the government for funds for future bank failures.


http://www.fool.com/investing/dividends-income/2009/03/16/more-mind-numbing-stupidity.aspx