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	Name:	water_watcher -
	Subject:	Two small changes should
	Date:	9/30/2008 7:00:38 AM

fix the bill to allow it to pass. One is to raise the FDIC limit to insure deposits. Numbers are all over the map ... some suggesting go to $1 million, others $500m and the low I have heard is $300m (right now it is $100m and $250m on IRA's). That change will go a long way. Also for business accounts, allow a much higher level, but charge them a small amount for insurance ... like .1%

Two, and I said this in a previous post that it was a serious problem. Eliminate (or change significantly) the mark to market rules on loans and investments that came in to effect under S-Oxs. This has greatly compounded the problem and has made a bad situation even worse.

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Two small changes should - water_watcher - 9/30/2008 7:00:38 AM

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