[JacobH]

You lose all of the money over the amount that isn't insured. If the bank even has insurance.

[mrweasel]

What I find interesting is that you lose all money over the insurance amount, but you're guaranteed that someone will buy up any debt you may have, regardless of the amount. While I understand why that is, it hardly seems fair that the customers can only lose money.

[mathiasrw]

Its working as designed. "Fair" was never part of the plan...

[asciihacker]

Yes, a bank is a business not a charity. Customer service is important but saving their own skin appears to matter more.

[gnud]

All banks in EU are insured, but the max amount and percentage varies. The amount/percentage for Germany is 100% of up to EUR 100.000, according to Wikipedia.