metreon

re: sutherland above: I would agree making banks more secure is a better solution than simply making bank failure insurance better, however doing both seems wiser since if on a per capita basis customers provide larger bank accounts, presumably the bank's stake rises proportionally and would provide the incentive to expand bank service, such as better insurance for accounts.

To extrapolate from your commentary, I take it banks don't offer better insurance because they have so far been able to get away with not offering it. Just as I thought.