D W
D WOpposeIndividual
Summary: An individual commenter opposes the proposed rule, arguing that it allows for too much risk and insufficient protection for bank deposits. They advocate for banks to be required to hold more reserves to safeguard the money of depositors.
We need MORE protection from loss of hard earned money deposited in banks and NOT LESS protection. Banks should be required to hold more than zero reserves. FDIC can only cover a little more than $1 for every $100 insured. What is wrong with you to allow more risk in a broken system? The banksters already use our deposits without paying a decent interest on our OWN money! They pay themselves billions of dollars at our expense. PROTECT us!!