Debate Politics Forums - View Single Post - So, theres NO RECESSION, no DEPRESSION? OH YES THERE IS!

metreon · 07-15-08, 06:29 PM

Also, I want to clarify the FDIC insurance only covers $100,000 per customer within a particular bank, not per account. If you have more than $100,000 you have to distribute the surplus among several different banks, not just make several accounts within the same bank. Is it it realistic to expect that from people?

07-15-08, 06:29 PM	#8 (permalink)
metreon Student Join Date: Nov 2007 Last Online: 11-17-08 06:50 PM Posts: 195 Thanks: 5 Thanked 70 Times in 50 Posts Lean: Independent Gender:	Re: So, theres NO RECESSION, no DEPRESSION? OH YES THERE IS! Also, I want to clarify the FDIC insurance only covers $100,000 per customer within a particular bank, not per account. If you have more than $100,000 you have to distribute the surplus among several different banks, not just make several accounts within the same bank. Is it it realistic to expect that from people?