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FDIC gets its money by a fee charged to banks. Tax money isn’t going into this
by notfromhere 4y ago
FDIC gets its money by a fee charged to banks. Tax money isn’t going into this
- toomuchtodo 4y agoWhere do banks get their revenue and profits from? It’s really immaterial; if depositors weren’t taking a haircut, all of us do in some form or another, it’s simply the optics that change (banks, the Treasury, the Fed, whatever). C'est la vie.
- deleted 4y ago[deleted]