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Not the taxpayers, all the other banks which are funding FDIC have to pay: > Any losses to the Deposit Insurance Fund to support uninsured depositors will be r
by luckylion 4y ago
Not the taxpayers, all the other banks which are funding FDIC have to pay:
> Any losses to the Deposit Insurance Fund to support uninsured depositors will be recovered by a special assessment on banks, as required by law.
So even those that were not insured will now be retroactively insured, and the better-run banks will have to pay for it, won't they?
- astrange 4y agoThere aren't any losses to the deposit insurance fund yet. If this increases confidence then it will instead reduce how much is taken from it.