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The FDIC's actions indicate that the insured deposit limit is really unlimited instead of the advertised $250,000. This takes away a huge risk associated with
by Dem_Boys 4y ago
The FDIC's actions indicate that the insured deposit limit is really unlimited instead of the advertised $250,000.
This takes away a huge risk associated with recklessly handling depositors money because now the FDIC will swoop in and make ALL depositors whole.