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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The fee should follow up with a significant increase in the amount of insured deposits for commercial accounts. [/quote]

...which would require larger fees paid by the banks to FDIC. Do you really think they will agree to that?[/quote]

Do they have a choice? I doubt the FDIC is going to go all King John on them. But maybe they will require banks to insure a higher amount for deposit accounts owned by unsophisticated investors (consumers and small businesses)[/quote]

They should charge a higher fee for sophisticated investors.  They're the ones that caused this and they're who we're placating.  Credit flight risk is much more impactful and common with them.[/quote]

No, they can let sophisticated investors decide for themselves if they want an insured account for a higher cost. And they shouldn’t make them whole if something happens.[/quote]

That’s exactly what we did, but then at last minute we made them whole without them paying. Genie never going back in that bottle?[/quote]

It doesn’t sound like those customers were very sophisticated! But well, at the end of the day, the cost to making them whole will be paid for by the banking industry. If the other banks object then they can lobby for higher insurance fees or greater regulation or just say, okay I accept that bank runs will happen once in a while and we will just have to help pay for it.[/quote]

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