Buffett on banking fallout: Crisis would have been 'catastrophic' without FDIC deposit insurance

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Raise interest rates and do bailouts at the same time.

🎉🎉🎉🎉

ashshah
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Don't know why people with millions in bank don't buy their own insurance for amounts over $250K, then there would need to be run on the bank. Could be sold by FDIC or private insurer.

miken