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by zrail
1194 days ago
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> in 55 failures since IndyMac of banks with total deposits over $1 billion, uninsured deposits were fully protected against any loss. The largest failure, Colonial Bank, had $20 billion of deposits, including an estimated $4.4 billion of uninsured deposits. https://www.cato.org/commentary/fdic-invents-costly-solution... |
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Scope is a bit different.