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Banking with the Abyss feat. Nathan Tankus

TRASHFUTURE

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Do You Think the Fed Is Going to Cover All Uninsured Deposits?

There was a huge debate among all the biggest scholars of banking law and me, some other weird guy on the corner. I thought that they were going to figure out a way to cover all uninsured depositors. In 1991, the last time we had whole big issues around uninsured deposits, the Fed and FDC covered uninsured deposits in full.

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