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Hi, I'm Sheila Bair,
Chairman of the Federal Deposit Insurance Corporation.
You know, now more than ever,
you need to be smart about your money;
how to save, how to spend,
and how to avoid getting ripped off.
Most people know that the FDIC
has been protecting peoples' money in banks
for over 75 years,
and that no one has ever lost a penny of insured deposits.
But we care about your money in other ways, too.
These days, consumers want to know more than ever,
about how to hold on to their hard-earned cash.
Figuring out which financial products and services are right for you
can be daunting.
And on top of that, there are major new rules
for credit cards and mortgages.
That's why in addition to insuring your deposits,
we're in the business of helping you navigate
the complex, and sometimes confusing world of money.
This week is National Consumer Protection Week.
And to kick off this year's consumer awareness campaign--
I'm very proud to announce
that the FDIC has a brand new web-based product to help you.
Every week from now on,
the FDIC will post a new consumer tip
that will help you manage your finances.
Our money tips will cover things that matter to you most--
Like making sure all your deposits are FDIC insured--
How to bank safely on the web--
The best ways to save for retirement--
How to get the best deal on a credit card--
Or how to steer clear of predatory lenders and con artists.
FDIC's consumer tips will make it easy and convenient
to make good decisions about your money.
And they will keep you up-to-date
on the latest consumer news.
So do yourself a favor.
Visit our website "fdic.gov".
Check it out.
Sign up to get our weekly tips in e-mails--
Or simply browse the website
for the latest in consumer news.
Thanks for watching. And have a good day.