TAG Extension A Win-Win


If
unlimited FDIC protection for non-interest-bearing accounts is so good
for the biggest American banks, then why is the American Bankers
Association silent on the need for the program to be extended?

This is the question that came to my mind time and time again as I read "More Evidence TAG Helps Only the Big Banks" in American Banker
last week. The piece, written by Christopher Whalen, senior managing
director of Tangent Capital Partners, certainly made some interesting
points. Mr. Whalen supports his claim with the following arguments... Read more.