|
|
|
|
|
|
by gruez
2070 days ago
|
|
|
The banks might be ultimately responsible, but if they go under the FDIC is still responsible for repaying the depositors. What else are you going to tell them? "Sorry grandma, FDIC deposit insurance doesn't cover losses held in 3rd party vaults so all your life savings are lost" would be political suicide. |
|
|