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If this leads to bailout then does it mean that taxpayers are effectively responsible for the CEOs decisions? If they are not, then it's 250k left from every a
by zx8080 4y ago
If this leads to bailout then does it mean that taxpayers are effectively responsible for the CEOs decisions?
If they are not, then it's 250k left from every account and all else is lost. And someone could be sued for that. Who should it be if not CEOs?
- Tempest1981 4y agoThe $250k coverage (per depositor) is also funded by taxpayers, right?
- greenyoda 4y agoNo, the FDIC is an insurance pool funded by its member banks.