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Feds Consider Deposit Insurance Hike

WASHINGTON -- In another attempt to limit the exodus of capital from financial institutions, the Bush administration is considering a plan to insure all deposits at depository institutions.

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WASHINGTON — In another attempt to limit the exodus of capital from financial institutions, the Bush administration is considering a plan to insure all deposits at depository institutions.

The idea, which is only at the discussion stage, would follow the recent examples of Denmark, Germany and Ireland. The Wall Street Journal revealed that administration officials are considering the policy change but there is no set timetable when a decision may be made.

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