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1 year ago

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Will the FDIC's move to cover uninsured deposits set a risky precedent?

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Will the FDIC's move to cover uninsured deposits set a risky precedent?

Some say the decision to guarantee deposits beyond the typical $250,000 limit was necessary to keep the financial system stable. Others argue this sets a bad precedent if other banks run into trouble.

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Will the FDIC's move to cover uninsured deposits set a risky precedent?

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Will the FDIC's move to cover uninsured deposits set a risky precedent?

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