> Owners of unsecured debt and investors are left out. Which is fine by me. Also fine by me. The distinction I attempted to make in my comment was that there

> Owners of unsecured debt and investors are left out. Which is fine by me. Also fine by me. The distinction I attempted to make in my comment was that there are actually something like four parties in this case: Holders of debt, investors, insured deposits and uninsured deposits. I find it absurd the FDIC is going to realize a loss to cover uninsured deposits, because that's simply not what they should do if they followed their own standard. Remember, even though it's state-owned the FDIC is a company, Americans should be worried if the FDIC takes actions that could ultimately put in risk money that _is_ actually insured. If they run dry, they will have to tap into the government's pockets and that's when shit truly hits the fan.