milescali commented on the post, US Bank Run Imminent as FDIC Expanded Deposit Insurance Ends Dec 31st 2 years ago
This will not have as big of an impact as many may think.
The unlimited insurance only covers accounts earning zero interest, aka checking account balances. So if you have your funds in a savings account […]
If this is true, that means Bill Murphy’s prediction on JPMorgan scandal in September or early October is bogus.
Strange how this story first ran on the 30th, then new again the 31st, then new again the 1st. Good story though.