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RE: How the Bank(sters) Plan to Steal Money from Your Bank Account
Most people will read but still will not believe. They will say but the fdic protects my account up to a specified level. Can't remember what the level is right now. They don't understand the fdic does not have enough funds when it all crashes. Wake up!
gem777,
Exactly. You are right on. The FDIC insures up to $250,000. However, newer laws make derivatives top priority leaving nothing left for the depositor. The new laws make us unsecured creditors. With the new bail-in laws, the banks can take our money to cure their default then issue us worthless bank stock in place of the money they stole from us.