Remember that FDIC bailouts are not "free". They require printing new money, which means the money supply is being expanded, which means the dollar will get devalued and you will experience higher prices. So you pay for it via higher prices, not a direct tax. -- KM


The failure of IndyMac Bancorp Inc. and seven other banks this year may erase as much as 17 percent of a government insurance fund and raise premiums for all banks, from Franklin National of Minneapolis to Bank of America Corp.

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