Quote:
Originally Posted by elchivito
If I'm not mistaken, in the above linked scenarios FDIC insurance is only a pipedream.
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It's a common myth to think that FDIC will cover everyone's deposits - it will not. Read the book by Peter Schiff: The Real Crash. I think it's a great read from start to end.
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1987 Mercedes 300SDL; SOLD
1985 Mercedes 300D; SOLD
2006 Honda Pilot - wife's ride; 122K;
1995 Toyota Land Cruiser - 3X locked; 182K