The FDIC reserve is gone

The Federal Deposit Insurance Corporation has been one of the more effective U.S. financial regulators. Yet the agency has a problem -- its fund that insures deposits of up to US$250,000 needs cash. [Andrew Harrer/Bloomberg]

November 24,2009 (iStockAnalyst) -- The cash reserves needed for the FDIC to keep paying depositors at failed banks has all been used up. But there's no need to panic just yet. . . continue reading.

Custom Search

Links:

Tired of bad news?

There is good news beyond today's bad news - a joyous ending to man's present ills! Click here

BIBLE PROPHECY: Why Prophecy? Why should I bother about it?; Are We Living in the Time of the End?; Days of Noah and our time: A sobering parallel; Will 2012 be the end of the world?; The Middle East in Bible Prophecy; The Bible reveals the fate of America and Britain; America on way to bankruptcy?; Can Israel Survive?; Iranian Nukes: End of Israel?; The European Union: Blessing or Scourge?; Will Russia or China Attack America?; What and how long is the Great Tribulation?; What is the Day of the Lord?; What Does the 70 Weeks Prophecy Mean?; Will There Be a Secret Rapture?; Armageddon: World army gathers, fights Christ; What is the mark of the Beast in Revelation?; What does 666, the number of the Beast, mean?; Who is the Antichrist?; Understanding the Book of Revelation; The Key to the Book of Revelation; What Are the Four Horsemen of the Apocalypse?; Who or what is the harlot of Revelation 17?; The Coming Religious Revival in Europe; Will the Jews build a temple before Christ returns?; What Is the Abomination of Desolation?; The 2300 Days of Daniel; Five prophecies/events to watch; Prediction addiction: End-times fiction?
RELATED HISTORY: Where did the twelve apostles go?; Cimmerians and Scythians - the Lost Tribes of Israel; Migration of the Lost Tribes of Israel; Who owns Jerusalem?
FULFILLED PROPHECY: Fullfilled prophecies of Jesus Christ; Fulfilled prophecy: Evidence for the reliability of the Bible