http://finance.yahoo.com/news/Calif...tml?x=0&sec=topStories&pos=main&asset=&ccode= The FDIC has begun to run out of buyers and now the people with >250k are now the creditors for the rest of the customers. I haven't read about any other banks until now that have not had buyers or people losing their money. I hope this isn't as bad as this sounds...
Yikes, running a legit bank must be difficult. The mob has been lending money for years and you never hear about people not getting there money back.