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FDIC insurance
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sand85
Posted 4/21/2010 23:28 (#1169907 - in reply to #1164997)
Subject: RE: FDIC insurance


C IL

A nearby bank's FDIC insurance increased by a factor of about 11 from pre-crash levels.  They had made no bad mortgage loans.  Seemed to agitate the (apparently conservative and risk-averse) management a little bit.  Insurance increase cost them somewhere near 10% of expected profit for the year.

 

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