Friday, Nov 13, 2009

FDIC running out of cash

Monstersandcritics/dpa: US banks asked to save government guarantor from insolvency

Running out of money after the year's devastating financial crisis, the government's guarantor of US bank deposits on Thursday asked that banks help to keep it afloat.

Posted by mken @ 07:04 PM (710 views)
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2 Comments

1. Yoss said...

So the ultimate UNDER WRITER of all those failed banks/monolines....Is feeling the squeeze? Who on HPC is exactly surprised by this? It was written flagged and warned about... YEARS AGO!

PRINT... PRINT...PRINT and PRINT some more...Is the only way it will end! (Hence the BOE's pension fund took out a feck load of inflation protected Gilts!) The guys that make the money covered their retirement butts, just before they walked down the hall and bought up 15% of the UK's national debt!

Friday, November 13, 2009 09:55PM Report Comment
 

2. fallingbuzzard said...

Bailout the one that does the bailout?

Friday, November 13, 2009 11:13PM Report Comment
 

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