The Sunshine Report

TV Screaming Heads Say “Expand FDIC Insurance Now Or Else!” – Sunshine Says “Wait A Minute, There Are Alternatives. This Isn’t Necessary.”" rel="bookmark">TV Screaming Heads Say “Expand FDIC Insurance Now Or Else!” – Sunshine Says “Wait A Minute, There Are Alternatives. This Isn’t Necessary.”

The newest dis­cov­ery of TV “scream­ing heads” is that FDIC insur­ance lim­its are caus­ing a quiet run on cer­tain weak banks by large depos­i­tors. The scream­ers tell us that sud­denly cor­po­rate depos­i­tors have dis­cov­ered that keep­ing large deposits at weak banks is risky. They shout that BoA, Wells Fargo, US Bank and JP Mor­gan are […] [read full story]