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No consumer lost money in a US bank in 2008. This is a different statement than: The FDIC ... protected depositors for $100,000 per person per bank There wer
by 300bps 13y ago
No consumer lost money in a US bank in 2008.
This is a different statement than:
The FDIC ... protected depositors for $100,000 per person per bank
There were several consumers that lost money in a US bank in 2008 because they had over the insured amount in their account.
http://www.fdic.gov/consumers/consumer/news/cnspr00/pg8stry.html http://www.fdic.gov/consumers/consumer/news/cnspr00/pg8stry....
- wpietri 13y agoI agree they aren't the same. I thought the former was true, but can't find a citation for it now. Your link, by the way, doesn't prove otherwise.