4 ms·
How does that insurance work, though: If the bank promises to pay its clients some obscene interest, and goes belly up, will FDIC pay that? Or is it "the US Tre
by euyyn 9y ago
How does that insurance work, though: If the bank promises to pay its clients some obscene interest, and goes belly up, will FDIC pay that? Or is it "the US Treasury will pay you up to the amount you initially deposited"?