Talk:Deposit insurance

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The line which states that the FDIC insures banks in more than one country needs to be clarified or removed. Puerto Rico is not a country, but a territory of the US. Banks and thrifts there are regulated just as they are regulated in any one of the fifty states, which means that the FDIC is the insurer of federally chartered banks and thrifts as well as state-chartered Federal Reserve members, as required by federal law. Micronesia is not a country, but rather a region made up of various islands, both dependencies as well as independant states. Among them are the Northern Marianna Islands and Guam, both US territories, therefore same rules apply there as they do in the fifty states and Puerto Rico. However, other non-US territory islands' banks would not be insured by the FDIC. As far as the Marshall Islands, it may be possible that its banks may be insured by the FDIC, as the Marshall Islands was a former US territory, though I myself doubt it. That source should be noted if that is in fact the case. If nobody else comments on this, I'm thinking about editing this page after a while. Johnbradleytlh 01:41, 30 August 2007 (UTC)johnbradleytlh

[edit] Moral hazard

The article should include an NPOV discussion on the "moral hazard" argument that deposit insurance encourages depositors to ignore risks, as in the US savings and loan crisis. It's the reason why some countries haven't introduced it. September 17, 2007 --JamesWim 10:52, 17 September 2007 (UTC)