Originally Posted By: stlhead
If, as Hankster has proposed, we had taken the approach of no TARP and instead let the chips fall where they may as FDIC funds rapidly dwindled there would be an increasing rate of "run on the banks". it would be a snowball effect.


I couldn't agree more. The FDIC is protection in the same way that God helps athletes win games.

As usual, 4Salt is sounding too intelligent and rational for this board.