Showing posts with label fdic. Show all posts
Showing posts with label fdic. Show all posts

30 September 2008

Short Take; FDIC asks to boost its per-depositor ceiling

In one of the few moves that are concretely, definitely, obviously aimed at making you and me, the average schmo on the street a little more confident that we're not going to be standing in lines for soup, the several people, including both candidates, have spent today babbling about the idea of the FDIC raising its per-depositor ceiling from $100,000 to $250,000.

Now, the word via the NyTimes is that the FDIC are themselves asking for that authority.

More later tonight or tomorrow.