Sheila Bair Addresses A Worried Nation

100: Partners Bank, Naples, FL
101: American United Bank, Lawrenceville, GA
102: Hillcrest Bank Florida, Naples, FL
103: Flagship National Bank, Bradenton, FL

UPDATE:

104: Bank of Elmwood, Racine, WI
105: Riverview Community Bank, Otsego, MN

 

As you watch the bobbing metronome of Sheila C. Bair's head during this video ("...but as I said [left tick] we have the ability to immediately access [right tock] up to $500 billion from our Treasury line [left tick]...") wonder to yourself quietly:

  • How is the FDIC going to slurp down another $500 billion without some roof rasing action on the debt ceiling?
  • How can ANYONE promise that no insured depositor will ever (until the heat death of the universe) lose a dime?
  • What family of narcotic sedatives are being used in this video?

Meanwhile, if anyone is spreading evil rumors about the FDIC, make sure to email flag@fdic.gov immediately.

Try not to get motion sick and vomit.  Also, try not to vomit.