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FDIC Faces Massive Problems

06-05-2010 • myBudget360.com

105 banks hold 77 percent of all banking assets. The impression we have is the Federal Reserve and U.S. Treasury will do anything including destroying the U.S. dollar to keep these banks propped up. On the other hand, you have banks that are dealing with massive amounts of bad loans including commercial real estate loans and the FDIC deposit insurance fund is running in the negative.

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