December 10, 2008 FDIC Press Release:
CNBC/Portfolio.com Survey Finds Some Americans Uncertain About FDIC Protection
The Federal Deposit Insurance Corporation today reminded the American public about the iron-clad protections depositors receive when placing their money in insured financial institutions, including the fact that in the 75-year history of the FDIC no one has lost even a penny of federally insured deposits.
Read more on FDIC Reiterates the Guarantee of Federal Deposit Insurance…
Filed under FDIC Releases by Comment. 
| FDIC News Release: |
With banks and the economy in the news so much lately, many people are thinking more about the safety of their money. The good news for consumers is that federal deposit insurance coverage has significantly increased, primarily as a result of a temporary boost in the basic insurance limit from $100,000 to $250,000. That's also why the Federal Deposit Insurance Corporation has issued an explanation of the new changes along with tips and information to help bank customers better understand their insurance coverage and how to be sure all their deposits are fully protected.
Filed under FDIC Releases by Comment.
File this under: "Hooray, another gigantic corporation that mismanaged their business and assets gets bailed out while the little guy gets screwed!"
Joint Statement by Treasury, Federal Reserve and the FDIC on Citigroup
Read more on Joint Statement by Treasury, Federal Reserve and the FDIC on Citigroup…
Filed under FDIC Releases by Comment.
