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After a round of mediation between Geithner and Bair, the FDIC declared that Wachovia was "systemically important" to the health of the economy, and thus could not be allowed to fail. It was the first time the FDIC had made such a determination since the passage of a 1991 law allowing the FDIC to handle large bank failures on short notice. [49]
In 1917, the United States declared war on the Austro-Hungarian Empire alongside the German Empire after being drawn into the First World War.The war caused diplomatic relations between the United States and the Austro-Hungarian Empire to be terminated on April 8, 1917 [2] and caused a dramatic decrease in Austrian immigration to the United States.
Belligerents (excluding Austria, mentioned as a state of the Holy Roman Empire) Outcome Notable battles Allies Enemies 1458 1465 Inner Austrian War Albert VI, Archduke of Austria Kingdom of Bohemia: Victory 4 March 1459 April 1462 Austrian–Hungarian War (1459–62) Kingdom of Hungary: Defeat 26 July 1468 27 August 1468 Waldshuter war
Money market accounts are insured by the FDIC or NCUA for up to $250,000 per person, per account. Dig deeper: High-yield savings account vs. traditional savings account: Why it’s worth the ...
The FDIC insures money market accounts up to $250,000. However, the insurance applies to all deposit accounts you have with the institution in the same ownership category.
A money market account covered by FDIC insurance is protected up to $250,000 per depositor, per insured bank for each account ownership category, according to the FDIC.
If a person has money market accounts at two FDIC-insured banks, each account will be insured separately up to the established limit of $250,000 per depositor, per FDIC-insured bank, per ownership ...
As of October 2008, depositor accounts are insured by the FDIC up to $250,000 per individual per bank. Banks that are in danger of failing are either taken over by the FDIC, or administered temporarily, then sold or merged with other banks. The FDIC maintains a list of banks showing institutions seized by regulators and the assuming institutions.