Jakester

Curing the Credit Crisis: A Better Alternative Plan

If the problem was just limited to banks this might help. But the problem goes far beyond banks. Also, if FDIC insurance is covered to raise every last dollar, why will depositors flee the banks that are revealed to be shaky? They'll just chase the highest deposit rates. If you want to know which banks are dubious, check their stock price. Indymac had fallen about 98% before it was taken over by the FDIC.