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As more small banks fail, the FDIC is hurting

October 12, 2009 – 2:36 pm – No Comment
As more small banks fail, the FDIC is hurting

The Federal Deposit Insurance Corporation, or the FDIC, has been scooping up failing banks and doing exactly what it was designed to do, protect consumers who have put money in the bank from losing it all when a bank goes out of business.
However, there is …