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THE FDIC NEEDS $500B IN FUNDING

Cullen Roche -

Developing story here from the WSJ.   Personally, I am surprised the futures are holding up on this news….The FDIC is essentially the insurer of all banks.  The fact that they are running out of cash is far from a good sign.

About Post Author

Cullen Roche

Cullen Roche

Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds. Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances. He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.

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