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FDIC Hits Record "Default" Level As Deposit Insurance Fund Plunges By $12.7 Billion To NEGATIVE 20.9 Billion
http://www.zerohedge.com/article/fdic-hits-record-default-levels-deposit-insurance-fund-plunges-127-billion-negative-209-bill
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It is just a matter of time until the curtain is lifted and the American people see there is no more protection for money held in bank accounts. The first indication of a liquidity problem (which is a normal thing) will cause many to try to get their money out all at once. At this point the system will collapse.
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