Your Take: FDIC Sets Bank Interest Rate Caps by Jim Wang
*** begin quote ***
Federal Deposit Insurance Corporation SealNear the end of May, the FDIC Board of Directors approved a rule that capped the interest rate “less than well capitalized institutions.”
*** end quote ***
And, what part of fascism don’t you understand?
The gooferment is trying to run the banks.
What a joke.
# # # # #