Wobbly Banks - What Does This Mean in Your Steps to Starting a Small Business?

October 30, 2009 by admin
Filed under: Uncategorized 

The FDIC seems to admit in today’s ABC news story, that there are more banks that really should be shut down, but the FDIC doesn’t want to hurt the public’s confidence in the banking system, so they are going to take it slow on bank closings, even though it will cost them more money in the long-term. What does this article mean for those starting a small business? It seems deposits are protected up to $250,000 by the government

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Wobbly Banks - What Does This Mean in Your Steps to Starting a Small Business?

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