Could the FDIC Save a Big Bank If It Had to?

Before you go, we thought you'd like these...
Before you go close icon

The FDIC is tasked with protecting the nation's deposits. It does so by accumulating money in the so-called Deposit Insurance Fund. But as Fool contributor John Maxfield discusses in the video below, there's reason to believe that this resource wouldn't be enough to protect the deposits at even one of the nation's biggest banks if the FDIC were called upon to do so.

Many investors are scared about investing in big banking stocks after the crash, but the sector has one notable standout. In a sea of mismanaged and dangerous peers, it stands out as The Only Big Bank Built to Last. You can uncover the top pick that Warren Buffett loves in The Motley Fool's new report. It's free, so click here to access it now.

The article Could the FDIC Save a Big Bank If It Had to? originally appeared on Fool.com.

John Maxfield owns shares of Bank of America. The Motley Fool recommends Goldman Sachs and Wells Fargo and owns shares of Bank of America, Citigroup, JPMorgan Chase, and Wells Fargo. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners