{"id":677410,"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.com\/index\/677410","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":1608,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4821],"tags":[],"class_list":["post-677410","post","type-post","status-publish","format-standard","hentry","category-news"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-2QdY","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/677410","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/1608"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=677410"}],"version-history":[{"count":0,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/677410\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=677410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=677410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=677410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}