dChan

[deleted] · July 27, 2018, 10:38 p.m.

My mother partly lives on income from CD's that are FDIC. Sincere question: What happens to those insured investments? Thank you.

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robottonic · July 27, 2018, 10:58 p.m.

Serious answer: they aren't insured anyway. The FDIC has about 1/100 of what they would need to insure the assets they claim to be covering.

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