Reply to thread

Message

<blockquote data-quote="Allen" data-source="post: 365722" data-attributes="member: 389">I think I can safely say that whenever we are talking about comparing Govt use/implementation of terms that also apply to the private sector, differences pop up that leave a person scratching their heads.&nbsp; At the same time, I am of the opinion they shouldn't be.&nbsp; FDIC is indeed funded through premiums paid by member institutions, which is why the actuarial stuff makes me wonder why things are they way they are...&quot;The FDIC receives no Congressional appropriations - it is funded by premiums that banks and savings associations pay for deposit insurance coverage. The FDIC insures trillions of dollars of deposits in U.S. banks and thrifts - deposits in virtually every bank and savings association in the country.&quot;<a href="https://www.fdic.gov/about/what-we-do/index.html" target="_blank">https://www.fdic.gov/about/what-we-do/index.html</a></blockquote>

[QUOTE="Allen, post: 365722, member: 389"] I think I can safely say that whenever we are talking about comparing Govt use/implementation of terms that also apply to the private sector, differences pop up that leave a person scratching their heads. At the same time, I am of the opinion they shouldn't be. FDIC is indeed funded through premiums paid by member institutions, which is why the actuarial stuff makes me wonder why things are they way they are... "The FDIC receives no Congressional appropriations - it is funded by premiums that banks and savings associations pay for deposit insurance coverage. The FDIC insures trillions of dollars of deposits in U.S. banks and thrifts - deposits in virtually every bank and savings association in the country." [URL]https://www.fdic.gov/about/what-we-do/index.html[/URL] [/QUOTE]

Verification

What is the most common fish caught on this site?

Reply to thread

Recent Posts

Friends of NDA