Congress retroactively raises FDIC deposit insurance limits, aiding IndyMac account holders
Lawmakers completing an overhaul of financial regulations also agree to permanently increase coverage for individual accounts to $250,000. Lawmakers completing a sweeping overhaul of financial regulations have given 8,700 former account holders at failed IndyMac Bank a surprise gift, retroactively increasing government-backed deposit insurance limits that would allow them to recover some of …
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