Wednesday, July 09, 2008

Checking your deposit protection may not be enough

1. "total credit losses from subprime mortgages and other bad debts could reach a staggering $1.6 trillion"

2. "The FDIC has $52.8 billion in its insurance fund to cover bank failures."

1 comment:

  1. I have no money in the bank at all, having gone back to the first principles of the barter economy.

    ReplyDelete

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