• Insider
    Blue Sunburst Peak Prosperity Logo

    How Safe Is My FDIC-Insured Bank Account?

    by Chris Martenson

    Wednesday, April 9, 2008, 4:30 PM

Enroll Now For enrolled members only. Enroll or Sign in to read the full article.
Wednesday, April 9, 2008

Your bank account may not be as safe as you think (or hope). Taking a deeper look at the legal details and the financial depth of the FDIC reveals several troubling details that call into question how the FDIC would fare during a true banking crisis.

The US is coming out of a period of unusually low banking stress and failures. Since it is typical human behavior to let one’s guard down during tranquil periods, we might legitimately ask if this has happened with respect to the FDIC.

Before we address that, we need to understand bit more about the FDIC.

Enroll Now
Or Sign In with your enrolled account.

Related content
» More

No Comments on How Safe Is My FDIC-Insured Bank Account?

Enroll now or Sign In to read all member comments.