Who will bail out the FDIC when it runs out of money and it will happen soon.....Bank #11 has failed and takes another bite out of the reserve. 25% of the fund is all ready gone and thats just from 11 small regional banks. It's only going take one big one to bite the bullet and the house of cards is going to come tumble'n down. It's nice to hear that "our friends" in washington have come to the aid of their friends Freddy and Fanny using our tax dollars! Instead of having to suffer like the millions who have lost their homes and the millions who still will, they will get a helping hand......yet they are one of the reasons we are in this pickle. UPDATE 9/29/2008- Today the Government failed to pass the "bailout". The stockmarket had the single largest fall (777 pts)in it's history. The loss is estimated to be 1.2 Trillion dollars! Wachovia is no longer "watch'n ova" you or anybody eles's money anymore! The Asian markets tanked and several overseas banks failed! Wish I could tell you this is the bottom but things are just getting started. Fasten your seat belts and hang on tight it's going to be a very bumpy ride!