Comments on: NetBank Shuts Down, ING Takes Over http://thefinancebuff.com/netbank-shuts-down-ing-takes-over.html like a friend telling you about money ... Tue, 22 May 2012 00:03:35 +0000 hourly 1 http://wordpress.org/?v=3.1.2 By: Anonymous http://thefinancebuff.com/netbank-shuts-down-ing-takes-over.html#comment-271 Anonymous Tue, 02 Oct 2007 15:25:00 +0000 http://blog.thefinancebuff.com/?p=175#comment-271 tfb,<br/><br/>Thanks - "Good Answer". tfb,

Thanks – “Good Answer”.

]]> By: TFB http://thefinancebuff.com/netbank-shuts-down-ing-takes-over.html#comment-264 TFB Fri, 28 Sep 2007 22:39:00 +0000 http://blog.thefinancebuff.com/?p=175#comment-264 I don't think it should be raised. 100% coverage all the way to $100k by FDIC creates a huge moral hazard problem. It rewards bad banks like NetBank with fresh cash and encourages the race to the bottom. <br/><br/>I think FDIC insurance should have multiple levels. Well run banks get higher coverage, lower deductible and/or copay. Badly run banks get lower coverage, higher deductible and/or copay. That way banks will have incentives to run a tighter ship. I don’t think it should be raised. 100% coverage all the way to $100k by FDIC creates a huge moral hazard problem. It rewards bad banks like NetBank with fresh cash and encourages the race to the bottom.

I think FDIC insurance should have multiple levels. Well run banks get higher coverage, lower deductible and/or copay. Badly run banks get lower coverage, higher deductible and/or copay. That way banks will have incentives to run a tighter ship.

]]> By: Anonymous http://thefinancebuff.com/netbank-shuts-down-ing-takes-over.html#comment-263 Anonymous Fri, 28 Sep 2007 21:58:00 +0000 http://blog.thefinancebuff.com/?p=175#comment-263 The FDIC max has been stuck at 100K for quite a while now - do you think it will be raised anytime soon? The FDIC max has been stuck at 100K for quite a while now – do you think it will be raised anytime soon?

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