>FDIC insurance is now effectively infinite.
That clearly being the case, what does it mean for insurance premiums?
That clearly being the case, what does it mean for insurance premiums?
> Shareholders and certain unsecured debtholders will not be protected. Senior management has also been removed. Any losses to the Deposit Insurance Fund to support uninsured depositors will be recovered by a special assessment on banks, as required by law.
My question was more about mechanics of this. Do they plan to keep FDIC fund and grow it or maybe you wind it down and just assess “as needed”, since the other guy is now completely on the hook.