Financially Secure Banks

Lafalum84
Fri, 18 Jul 2008 13:30:27 +0000

“Is it hyperbole to suggest that this feels a lot like 1929 (not that I was there, of course).”

If it weren’t for the FDIC it would feel like 1929. Remember, there was no FDIC before the Great Depression, that’s how so many people lost everything.