Category Archives: Business

The U.S. House Passes Bailout

Here are Some Bailout Bill Details Well as predicted here, the bailout bill has been passed by Congress. Just four days after the defeat of President Bush’s financial bailout package in Congress, the House of Representatives gave the revamped plan … Continue reading

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The Push to Raise the Limits of FDIC

The push is on by the Bush Administration to raise the FDIC insurance on deposits to $250,000. For more information on what the FDIC currently covers see our recent articles on the FDIC.The FDIC insures close to $4.5 trillion in … Continue reading

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8 Types of Deposits Covered By FDIC Insurance in Banks – Part 3

Employee Benefit Plan Accounts Employee benefit plan accounts are deposits of a pension plan, profit-sharing plan or other employee benefit plan. Employee benefit plan deposits are insured up to $100,000 for each participant’s non-contingent interest in the plan. This coverage … Continue reading

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