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Someone asked, in the case of bank failures, does the FDIC always give the depositor $250,000? Or are there situations where the FDIC attempts to find a loophole to avoid paying that amount? Please comment on these two questions

Someone asked, in the case of bank failures, does the FDIC always give the depositor $250,000? Or are there situations where the FDIC attempts to find a loophole to avoid paying that amount? Please comment on these two questions

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Someone asked, in the case of bank failures, does the FDIC always give the depositor $250,000? Or are there situations where the FDIC attempts to find a loophole to avoid paying that amount? Please comment on these two questions
Transcribed Image Text:Someone asked, in the case of bank failures, does the FDIC always give the depositor $250,000? Or are there situations where the FDIC attempts to find a loophole to avoid paying that amount? Please comment on these two questions
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