​ Is the FDIC asleep at the switch on high-​yield deposit banks? Today, Reuters writes "​FDIC says subprime woes to affect bank earnings". They quotes FDIC Chairman Sheila Blair as saying there is no risk of failure, only earnings impacts. Crane Data wonders though why regulators allow some companies with exposure to continue to pay above-​market rates on bank money market deposit accounts. A glance at any highest-​yielding bank savings table reveals a number of institutions whose yields aren'​t the only things making headlines. We hope these bank rates are drawing scrutiny by people other than investors.

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