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Thanks for that. Looks like the IndyMac uninsured did only get 50% on the uninsured portion. Was always wondering if they got more, but nope. (They did get lu
by Scoundreller 4y ago
Thanks for that. Looks like the IndyMac uninsured did only get 50% on the uninsured portion.
Was always wondering if they got more, but nope.
(They did get lucky in that fdic limit was $100k and I think they retroactively upped it to $250k on this failure, but that probably hurt rather than helped anyone with over $500k or so).
Many other examples of >10% losses, would be cool if someone did an analysis.