Re:The World’s Empty Office Buildings Have Become a Debt Tim...
by ahupp on Monday June 26, 2023 @12:52PM
(#36482338)
The FDIC insurance fund is paid by banks, so ultimately depositors were "bailed out" by the broader banking industry.
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Re:The World’s Empty Office Buildings Have Become a Debt Tim...
by rcme on Monday June 26, 2023 @01:15PM
(#36482702)
I don’t really see how that’s relevant. Paying into the FDIC DIF is a legal requirement of the banks. It’s basically a tax. Somehow bankers have convinced everyone that they have impunity to mess up the financial system just because they pay a special tax.
And if the FDIC is really going to offer unlimited depositor protection, they’re going to need a lot more than the 100-200B in the DIF.
Re:The World’s Empty Office Buildings Have Become a Debt Tim...
by throwway120385 on Monday June 26, 2023 @01:38PM
(#36483028)
What would you propose as a system to replace the FDIC?