under the mattress. FDIC went from more than $45 Billion a year ago down to $10.4 Billion as of June, 2009... 416 banks on its problem list up from 305 at the end of March.. 80 banks closed already this year. If your bank fails, you can expect to collect from 40 to 72 cents on the dollar from the FDIC? Is this possible.....
http://finance.yahoo.com/banking-budgeting/article/107617/savers-should-manage-accounts-diligently.html?mod=banking-budgeting
Ciao,
Bill Romano R-6330 (NJ)