But Plato’s philosophical dialogue entitled “Symposium” (written sometime after 385 BC) brought the meaning of the word closer to its contemporary use, since it involved a serious discussion on an important theme.
The cost of the late arrival of deposit insurance to Trinidad and Tobago was not only reflected in the heavy financial support to problem institutions, but in the erosion of public trust and confidence in the regulatory authorities. The fledgling DIC immediately became responsible for managing the deposit insurance payout of four insolvent institutions.