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Norman Moore
Van Nuys, CA
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They should have left their money where it was. Once the FDIC took over they were as secure as can be up to the amount that the insurance covered. The time to have secured their funds was before the takeover.
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Norman Moore
Van Nuys, CA
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SiliconDoc wrote: I guess this whole story kind of blows apart the constant whine that everyone is flat broke and has no savings.
You know, this is the biggest surprise, here we have actual people, lining up, to get their money they had stored at a bank. I thought after all the total bush destruction, this just wasn't possible.
The we have all the poor, poor people, working two or three jobs just to make ends meet, with both of their income earners working that many jobs... and somehow they find time to go get the money they never had... oh maybe they haven't lined up long enough to get in between shifts.
Also, the over 100k'ers are somehow almost common now...
Yeah, it's very confusing, now I'm not sure if the lies are now or before....
Imagine that. I doubt that the majority of those in line were anywhere near the 100K limit, let alone over it. Those few were the ones that got quoted as they were more "newsworthy". I would have to think that the majority were normal bank depositors such as myself, with modest checking and savings accounts. The irony is that they were taking out their money, after the Feds took over, when it was the safest. I had no money in that institution, however I would have left it unless I had moved it last week.
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SOS
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Its gettin kinda scary! I have over 900,000.00..
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WellsNoWamuYes
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WAMU rules....
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mike
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Judged:
1
took me 1 week to take my money out of Indymac, after standing in lengthy line of panicked customers. Now I suspect all banks, and moving my funds to either B.A. or Wells Fargo. I hear next two years some 800-100 banks are going to go under.
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moron
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>I hear next two years some 800-100 >banks are going to go under.
I hear you're a moron!
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Another Kim
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Judged:
1
1
What fool would put their money in a bank?.... They deserve exactly what they are getting. The banks give you little return on your dollar and invest globally and get a high rate for themselves. I guess the fools who put their money in CD's (Certificate of Depreciation) are screwed.
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mike
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moron wrote: >I hear next two years some 800-100 >banks are going to go under.
I hear you're a moron! I hear you cant read typos it is 80-100 you nick says your name.
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Chris
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This bank crisis should partly be blamed on to the loan officers as well. They should be held liable just like any other licensed professional. They contributed to this whole mess.
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Judge it!
Leo
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