Here's an interesting article, brought to you by the blindfolded media: http://money.cnn.com/2010/02/23/news/companies/fdic_list/ Kinda hard to cover up the huge white elephant.
I love the "prepay your FDIC" membership idea.. so that when those banks fail, and many will, it will be because they got gouged up front of a cost they wouldn't normally have had to entertain in the current time amongst other issues. Then what? you payout millions in insurance on those accounts and the FDIC goes broke .. AGAIN!. Now what are they going to do to "shore it up"? reach into my bank account directly? that's when bullets fly.
If my bank charged me fees that I agreed to, I don't think I'd have a leg to stand on. My bank doesn't charge me.. but that's neither here no there. I was referring to what the government is going to do when there are no other alternatives to generating cash flow for the FDIC. If at any point fees were placed on my service, I would seek another bank.
