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FDIC

It is only 500 Billion but

Sat, 03/07/2009 - 2:32pm — connecticut man1

Should we be worried that Dodd wants the Treasury Department to loan it to the Federal Deposit Insurance Corporation when they usually have only a 30 Billion line of credit?

[update] In a banking version of an Imelda Marcos like closet explosion, BILLIONS of other shoes drop...

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FDIC chief knocks bailout package

Thu, 10/16/2008 - 3:25pm — DCblogger

Investment News

The $700,000 billion financial services industry bailout plan has a critic in Federal Deposit Insurance Corp. chairwoman Sheila Bair, who said yesterday the initiative does not do enough to prevent Americans from losing their homes, The Wall Street Journal reported today.

At some point Versailles will work out that the well being of the big shots is connected to the well being of the little guys.

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