http://www.msnbc.msn.com/id/25673878/

Gotta admire that Charles Schumer... he is an American hero and
patriot! We can stand to have many more of him in Washington, DC,
protecting the interests of the poor, betrodden, and middle class.

All hail Schumer!

On Sun, 13 Jul 2008 18:54:07 -0400 in <4m1l745gc9jioqlghsev2769rn9n72pfnp@4ax.com> tcol@toast.net toast.net> wrote:

That's per account. If you have more than that, you spread it across
multiple accounts.

Atleast in the 90s banks were polite enough to inform customers
when they exceeded the FDIC insured amount.

Although most folks with enough money to hit the limit tend to have
their money somewhere other than FDIC insured bank accounts.

I never missed an opportunity to watch him on TV,
listen to him on the radio, or read one of his columns.

I was actually saddened when he became the WH press
secretary, because it would mean he was leaving Fox
News Sunday, the only chance I had to see him on TV.

They say that the good die young; Tony was only 53
- four years younger than his TV competitor, Tim
Russert (who also was one of the good ones, who, like
Tony, never let his personal political affiliations
get in the way of his reporting). Both of these
political reporters epitomized the "Fair and Balanced"
ideal which should be (but isn't) the reporter's creed.

RIP Tony.

The discussion in heaven today is probably very interesting
between Tony and Tim...

tcol said...

When I was a kid, the FDIC guarantee covered $25,000, about
ten years worth of an average American's wages.
Sometime in the sixties it was reset, once again to reflect
about a decade's worth of wages: $100,000.

The S&L bail-out cost so much that keeping the insurance
paced to inflation would never happen again.

But that's okay - because pretty soon, that $100,000 will
once again reflect about ten years of an average American's
wages... (when only one in eight or ten have a job).

It has been this way for a *long* time. Probably back to the early 70s?

Anyway if it is a "joint" account than it is 200,000K, if it is an IRA
account it is up to 250,000K

I think (not sure) you can have more than one account each insured
individually.