If there's a big run on FDIC, and they run out of money, they have access to borrow $70 billion more from the Treasury, and then go to Congress after that.
However, if that case comes to be, the interest rates on CDs will plummet because the FDIC insurance premiums will skyrocket, and the banks won't be giving juicy yields out.............
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)