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Author: jrr7 Big gold star, 5000 posts Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35259  
Subject: Re: FDIC Insurance reform Date: 2/13/2006 4:12 PM
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I disagree -- increasing deposit insurance and decreasing the premiums that banks pay is a recipe for disaster, unless the OCC really tightens the screws of oversight on banks. The FDIC is already underfunded and would be bankrupted by even a default at even a midsize regional bank.

What do people get so annoyed with splitting up one's deposit into multiple accounts? Especially when there are holding companies that will do this for you.
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