Barack Obama s presidential campaign shattered all records by raising $760 million in the last election cycle. That record is not likely to last much longer Obama is expected to raise more than $1 billion for his re-election campaign. And overall spending by all... election,cost,price,tag,8,billion.
BREAKING DOWN 'Federal Deposit Insurance Corporation - FDIC' The main purpose of the Federal Deposit Insurance Corporation (FDIC) is to prevent the kind of run on the bank scenarios that devastated many banks during the Great Depression. Before FDIC, there was no guarantee beyond the bank's own stability.
The FDIC is an independent agency of the United States government that protects your deposits in the event that an FDIC insured bank fails. The FDIC insures balances held in various types of consumer and business deposit accounts. FDIC insured up to $250,000. Deposits in checking, savings, money market and certificate of deposit accounts are insured up to $250,000 per depositor, per ownership type.