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.


Louise Story

Hosted by:

Femi Oke


Hsi-Chang Lin

Leave a Comment

Register for your own account so you can vote on comments, save your favorites, and more. Learn more.
Please stay on topic, be civil, and be brief.
Email addresses are never displayed, but they are required to confirm your comments. Names are displayed with all comments. We reserve the right to edit any comments posted on this site. Please read the Comment Guidelines before posting. By leaving a comment, you agree to New York Public Radio's Privacy Policy and Terms Of Use.