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 Dfas Cl Form 1059 2002-2025

Dfas Cl 1059 2002-2025 Form

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the shocking truth about the FDIC and your bank deposits I'm Bob Stokes with le olive international millions of US bank depositors feel safe in the knowledge that the Federal Deposit Insurance Corporation will protect their accounts even if their bank goes under yes it's true that the FDIC says it will do so as their website states the standard insurance amount is $250,000 per depositor per insured bank for each account ownership category but the question is does the FDIC have the wherewithal to fulfill its promise in the event of a major financial crisis the answer is an emphatic no not even close here's what the Elliot wave theorist said in August 2008 near the middle of the 2007-2009 financial crisis the FDIC is not funded well enough to bail out even a handful of the biggest banks in America it has enough money to pay depositors of about three big banks after that it's broke no doubt most bank depositors would be shocked to learn this but think about

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