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Each depositor insured to at least $250,000 per insured bank

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FDIC Federal Register Citations

From: Willard, Dan []
Sent: Wednesday, November 12, 2008 5:31 PM
To: Comments
Subject: Creation of unfair business advantages

This program very much disturbs me. You have a credit market that has tightened to the point of near invisibility. You have companies like GE given the ability to tap into this fund at 75 bp. GE has many divisions that many companies, private and public, compete against. GE now has ample liquidity at decent pricing whereas competitors do not. Isn’t there something inherently wrong with this?

Daniel Willard
Director - Financial Services
Automotive Rentals, Inc.
9000 Midlantic Drive
Mount Laurel, New Jersey 08054


Last Updated 11/13/2008

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