Folks, the last bank failure, Guaranty Bank in Texas, likely used up the remaining funds in the coffers of the FDIC. Today was supposed to mark the day that the FDIC update the public on it’s financial condition. It appears the FDIC is delaying releasing it’s numbers. Do you think you’d trust the safety of your checking account knowing that the funds insuring it are all used up? Maybe that is why they have delayed releasing those numbers.

THEY ARE AFRAID IT WILL CAUSE A BANK RUN!

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