Money & the Law: Deposit Insurance Rules a Bit Complicated

Summary


Most people look forward to Friday - except owners and employees of struggling banks.

Friday is the day the Federal Deposit Insurance Corp. shuts down failing banks.

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Extract


Money & the Law: Deposit Insurance Rules a Bit Complicated

The idea is that, after the weekend, the FDIC will have put depositors in a position where they can access their funds - at least up to insured limits - b...

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