More On The FDIC Situation

On August 7th I posted some commentary titled “The FDIC Situation.”  Here is a story from The Wall Street Journal that does a good job of summarizing the situation there: http://online.wsj.com/article/SB125137695691263385.html?mod=djemalertNEWS One of the statistics of interest: “The FDIC’s insurance fund, which guards $6.2 trillion in U.S. deposits, fell to $10.4 billion at the quarter’s … Read moreMore On The FDIC Situation