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Comment: Re:How to dupe the public... (Score 2, Informative) 214

by dankrabach (#24022059) Attached to: No-Fail Identity Theft – Live and In Person
The point is that under our divided, duplicative, wasteful banking "regulatory" system, the FDIC does not even insure or regulate credit unions....that is done by the NCUA. That would make the report to whoever ordered the security check even more embarassing. Their own employees didn't know that 1) FDIC has no visitorial powers, and 2) didnt know or don't have a procedure to have all regulatory inquiries go through a specific person/department. Pathetic.

Do not simplify the design of a program if a way can be found to make it complex and wonderful.