{"id":369081,"date":"2010-02-25T07:48:40","date_gmt":"2010-02-25T12:48:40","guid":{"rendered":"http:\/\/www.prisonplanet.com\/?p=35264"},"modified":"2010-02-25T07:48:40","modified_gmt":"2010-02-25T12:48:40","slug":"citibank-controversy-puts-dubious-fdic-guarantee-back-in-the-spotlight","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/369081","title":{"rendered":"Citibank Controversy Puts Dubious FDIC Guarantee Back In The Spotlight"},"content":{"rendered":"<p>The recent controversy surrounding Citibank&#8217;s advisory to its customers reserving the right to impose a 7 day restriction on withdrawals from their accounts is a stark reminder of the vulnerability of the fractional reserve banking system and the FDIC&#8217;s shaky guarantee that it can insure deposits in the event of a bank run.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The recent controversy surrounding Citibank&#8217;s advisory to its customers reserving the right to impose a 7 day restriction on withdrawals from their accounts is a stark reminder of the vulnerability of the fractional reserve banking system and the FDIC&#8217;s shaky guarantee that it can insure deposits in the event of a bank run.<\/p>\n","protected":false},"author":2604,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-369081","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/369081","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/2604"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=369081"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/369081\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=369081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=369081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=369081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}