Ask the Expert: Does the Debt Ceiling Debate Threaten Deposit Insurance?
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Savings Accounts,
Federal Programs,
Money Market Accounts,
Fdic,
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Deposit Insurance,
Debt Ceiling,
Business News
Even though FDIC deposit insurance is a federal program, it is not likely to be an immediate victim of a possible federal government default. In the long run though, anything is possible if things reach such a dire outcome.
Richard Barrington | Posted 09.27.2011