FDIC is saying 'all deposits' are now insured- market expert
STORY: Diton says the FDIC has "now stepped up three times, right, Silicon Valley, Signature and now First Republic Bank. And as as scared as uninsured depositors have been, no uninsured depositor has lost a single dollar. And and the government the Fed made it pretty clear that that they are here to make sure that that doesn't happen, so in effect it's almost as if there is no limit to the FDIC insurance, and that's certainly a relief to the system."
