Quote:
Originally Posted by aceventura3
Banks fail. FDIC provides coverage for depositors. Regulators take control of the bank for an orderly disposition of assets. In some cases deals are brokered. In 2008 all of the bank failures were handled orderly, same in 2007, 2006, 2005, etc., etc.
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Hypothetically, could the FDIC have covered all of the failures?