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FDIC too broke to Takeover Banks? No Bank Failure Friday on Black Friday. Can 5,300 Employees Deal with $5.3 Trillion

Posted by drhousingbubble 907 days ago (http://financemymoney.com)
Category: Business | Tags: banking deposits fdic money savings
The Federal Deposit Insurance Corporation (FDIC) was hammered this week when a third quarter report demonstrated that the FDIC was running in the red to the sum of $8.2 billion.
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