As of June 30,there was $2.5 trillion in uninsured deposits in the banking system, that is for the most part money that exceeds the $100,000 per bank, per person FDIC maximum insurance. What are these people thinking?
The BIG question: As news from the Wall Street crisis dominates the headlines, how much of this money will be pulled form weak banks in coming days, causing bank failures?
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Robert Wenzel
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