| 20080208766 | System and method for an indexed debt instrument with deposit insurance pass through in a qualified program administered by an institutional investor - A system and a method for an indexed debt instrument mitigates risk perceived by an institutional investor acting as administrator of an eligible employee benefit plan when the indexed debt instrument is issued by a bank insured by the Federal Deposit Insurance Corporation (FDIC) in response to a deposit made by the institutional investor in the bank. The risk is mitigated, at least in part, by pass-through of FDIC insurance protecting the deposit. The insurance passes through the plan administrator to protect the interest of each member of the plan in the deposit, up to a defined legal limit. | 08-28-2008 |
