Professor Edward Kane:

Very small depositors are not really essential to this so we should not cause them such a disruption, but somewhere there should be a deposit size where people start to share. What was a shock to me in the last crisis was that deposit insurance schemes that had co-insurance arrangements almost uniformly threw them out in the crisis. They were not enforced. People take risks and get paid for taking them but when the risk comes they use politics to weasel out of their due share. This is the heart of what prolongs a crisis and perverts the government's response.