Watchman Alfrescian Loyal Joined Mar 12, 2009 Messages 13,160 Points 0 Sep 30, 2009 #1 FDIC runs out of money! Topic started on 29-9-2009 @ 01:13 PM by TheCoffinman www.nytimes.com... They also announced that the fund, which began the year with more than $34 billion on hand but has been battered by bank collapses, would fall into deficit this week Apparently the FDIC "greatly underestimated" problems plaguing federal banks... now theyve run out of money so the government has to bail them out!! lmao... The plan would raise $45 billion from the banks to replenish the fund, which is suffering severe problems with both its capital and liquidity. this is a sure sign of the coming economic collapse i think...
FDIC runs out of money! Topic started on 29-9-2009 @ 01:13 PM by TheCoffinman www.nytimes.com... They also announced that the fund, which began the year with more than $34 billion on hand but has been battered by bank collapses, would fall into deficit this week Apparently the FDIC "greatly underestimated" problems plaguing federal banks... now theyve run out of money so the government has to bail them out!! lmao... The plan would raise $45 billion from the banks to replenish the fund, which is suffering severe problems with both its capital and liquidity. this is a sure sign of the coming economic collapse i think...