Originally Posted by
gredenko
Hmmm...that doesn't sound encouraging for our friends at One Commerce Square. I should have known that Menke's corporate photo smiling in a vacant MEM terminal was foreboding.
Just to clarify - FDIC insurance covers lack of assets / insolvency of the
BANK, not an individual account owner - whether corporate or personal. In this case, it has absolutely nothing to do with condition of the airline.
Carry on here. Back to the Regional Bankers Forum...