Mattress Time?

This can't be good:(via ZeroHedge)FDIC Discloses Deposit Insurance Fund Is Now NegativeIn an unprecedented disclosure, the FDIC has highlighted that it expects the DIF reserve ratio to be negative as of September 30. As there are a whopping 48 hours before that deadline, one can safely assume that the DIF is now well into negative territory: as of today depositors have no insurance courtesy of a...