FDIC: Breaking the Piggy Bank

Friday, August 28, 2009

The FDIC, the body that insures the money we put into our bank accounts, is currently supporting 416 failed and "problem" banks. Is all that strain on our nation's banking backbone a cause for alarm? We speak to Louise Story, Wall Street and finance reporter for The New York Times, to ask her if we should start stuffing money under our mattresses.

Guests:

Louise Story

Hosted by:

Femi Oke

Contributors:

Hsi-Chang Lin

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